Water chiefs in plea for a big price shake-up ; FIVE-YEAR CAP ON BILLS IS 'EXPENSIVE AND OUTDATED'' [Edition 3]
Mail on Sunday › June 08, 2009
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Summary
WATER company bosses are calling for a change in the way the industry is regulated, amid claims that the present five-yearly pricing review process is outdated, expensive and too complicated.
John Cuthbert, managing director of Northumbrian Water, and Tony Wray, chief executive of Severn Trent, believe that the system, overseen by Ofwat, needs revision.See the full content of this document
Extract
Water chiefs in plea for a big price shake-up ; FIVE-YEAR CAP ON BILLS IS 'EXPENSIVE AND OUTDATED'' [Edition 3]
The regulator is reviewing the final business plans of the 22 water and sewerage comp...
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