Tue, Sep 30, 2025
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Displaying items by tag: Growth Duty

BARINGA REPORT ON HOW OFWATS REGULATION IMPACTS ON ECONOMIC GROWTH APRIL 2025Following a report commissioned by Ofwat from Baringa Partners on how Ofwat's regulation impacts on economic growth which was published in April 2025, Ofwat has commissioned a further piece of consultancy work on the economic growth agenda from consultancy firm KPMG LLP worth an estimated £98,580 (inc VAT).

GROWTH DUTY RESPONSE FEBRUARY 2024The Government has confirmed it intends to bring regulators Ofwat, Ofgem, and Ofcom and their regulatory functions into scope of the Growth Duty measure in early 2024.

SMARTER REGULATION GROWTH DUTY CONSULTATIONThe Government is considering extending a new economic Growth Duty to Ofwat which would see the water sector regulator required to “have regard to the desirability of promoting economic growth” when carrying out core functions.

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