GIIA in the news: Water firms warn that plans to cap bills will harm efforts to stop sewage leaks
GIIA's Chief Executive, Jon Phillips, expresses concern that Ofwat's focus on keeping water bills low has hindered investment in the water sector's resilience
Jon says; “for too long, the regulator has prioritised low bills at the expense of investing in the resilience of the sector. The solution to this vicious circle sits with Ofwat – the regulator can’t continue to penalise water companies for not meeting expectations without equipping them with means to provide the solution.”
Read the article on the Independent website here.