Ofwat does not have full confidence in the information provided by four water companies, according to the finding from the regulator’s Company Monitoring Framework.

The Government’s strategic policy statement setting out its priorities for Ofwat’s regulation of the water sector in England came into force this week on 22 November 2017. Resilience, flood risk, natural capital, customer bills, investor confidence, competition, affordability, bad debt, leakage and transparency are all on the agenda. 

The Department for Environment, Food & Rural Affairs has launched a major new consultation on the development of a national policy statement for water resources and the types of infrastructure that it will apply to.

Ofwat has signalled a new crack-down on leakage - the water sector regulator is challenging water companies to save up to 170 billion litres of water a year by targeting leaks.

Ofwat has published its new Code for the Adoption Agreements developers or self-lay providers enter into when they want an appointed water and sewerage company to take over responsibility for infrastructure they have constructed.

Water industry regulator Ofwat is warning that water companies must do more to plan for the long-term if they are to have the financial resilience to deal with challenges they face now and in the future.