Threads / Ofwat Strategic Policy Statement / The Secretary of State has the opportunity to set strategic…
Committee Material Published 13 Jan 2022 ↗ View on Parliament

The Secretary of State has the opportunity to set strategic direction for Ofwat. Now is the time for the Government to act in encouraging Ofwat to increase materially the proportion of each company’s capital investment devoted to improving water quality.

The Secretary of State has the opportunity to set strategic direction for Ofwat. Now is the time for the Government to act in encouraging Ofwat to increase materially the proportion of each company’s capital investment devoted to improving water quality. Type: conclusion | Number: 44 | Paragraph: 233 | Response status: under_consideration Government response: . decision making. Ofwat will strive to reflect a natural capital approach in their decision making for the next Price Review (PR24). Water companies will need to provide high quality data to make this approach work. Most environmental improvements for PR24 will be determined by the Environment Agen