Ofwat Regulator's Spending on Business Consultants Raises Concerns

Sunday, 21 April 2024, 09:00

A recent analysis shows that the water industry regulator, Ofwat, has spent £26.7m on business consultants in the last five years, with some consultants also working for private water companies. This has raised concerns about potential conflicts of interest and the integrity of regulatory oversight. Environmental campaigners are calling for a reevaluation of the regulatory system, questioning the relationship between regulators and the companies they are meant to oversee.
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Ofwat Regulator's Spending on Business Consultants Raises Concerns

Conflicts in Regulation

A recent analysis revealed that the water industry regulator, Ofwat, has spent £26.7m on business consultants, some of whom also advise private water companies. This close relationship has sparked concerns about potential conflicts of interest.

Campaigner Advocacy

Environmental campaigner Feargal Sharkey has called for the abolition of Ofwat, highlighting the blurred lines between regulators and the companies they are supposed to govern.

This revelation raises questions about the effectiveness of current regulatory practices and the need for greater transparency in regulatory oversight.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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