Ofwat chief exec admits water bills will go up: Time for a proper regulator with teeth
Responding to the Chief Executive of Ofwat saying on the Today Programme this morning that he expects water companies will increase bills to pay for infrastructure improvements, Liberal Democrat Environment Spokesperson Tim Farron said:
"It is pathetic for the so-called regulator to let water firms hike prices, when they've handed out millions in dividends and bonuses.
"Customers shouldn't be forced to pay to clean up the water companies' own mess.
"What is the point of Ofwat when they let profiteering firms get away with this environmental destruction? It's time ministers got tough on this wild west industry, and set up a proper regulator with real teeth."
ENDS