National Audit Office
The economic regulation of the water sector
Since privatisation, Ofwat and Defra have overseen major improvements in water quality and service quality. Customers have seen a marked rise in bills but not the benefits of companies’ unexpected financial gains.
Published 14 Oct 2015
Value for Money
Department for Business, Energy & Industrial Strategy
Topics: Asset sales and privatisation, Business and industry, Commercial and financial management, Commercial and regulation, Corporate finance, Regulation
Recommendations
No recommendations are indexed here. The report itself may contain some: see the report on nao.org.uk, linked above.
Public Accounts Committee follow-up 2 reports
The Public Accounts Committee examined this NAO report and made its own recommendations. The government replies to those in Treasury Minutes.