Ofwat boss denies water industry badly regulated as he predicts higher bills
by Sandra Laville Environment correspondent from Environment | The Guardian on (#6CQDT)
David Black says water firms' debt is their issue to sort out' because regulator did not have powers to tackle problem until recently
Water companies will be seeking big bill rises as they face huge infrastructure investment demands, the chief executive of the water regulator, Ofwat, has said.
David Black denied that the water industry was badly regulated and defended Ofwat's role in an industry saddled with debt and facing public anger over poor performance, high dividends, executive pay and sewage pollution.
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