UK to Abolish Ofwat, Give New Water Regulator Larger Powers

[ad_1] (Bloomberg) — The UK will abolish the water regulator Ofwat and arrange a brand new watchdog with stronger powers to supervise the business whereas implementing environmental and drinking-water requirements, following an unbiased overview of the sector. The overview by Jon Cunliffe — a former Financial institution of England deputy governor — comes after mounting … Read more