Select committee: Industry and Regulators Committee

Conclusion 10

1st Report - Who watches the watchdogs? Improving the performance, independence and accountability of UK regulators Published 8 Feb 2024 Paragraph 83

Industry and Regulators Committee UK Regulators All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗

Conclusion (the committee's words)

The Government’s strategic steers and policy statements to regulators often do not provide adequate clarity on how to make trade-offs between their objectives, especially in relation to political and distributional issues, such as balancing the affordability of utility bills with the need for future investment. They are often overly detailed and give no sense of priority between different objectives or areas, which does little to provide clarity.

From: Industry and Regulators Committee, 1st Report - Who watches the watchdogs? Improving the performance, independence and accountability of UK regulators, paragraph 83, 8 February 2024

Government response

A response document is linked to this report, dated 16 May 2024. Response attribution to this conclusion has not been verified. Read the response document ↗