It's about time Ofwat got tougher on 'game-playing' water companies

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Regulator’s new rules will likely face some backlash, as firms told to share winnings with consumers

The current obsession among water company bosses is not Labour’s nationalisation plans, about which they can do precisely nothing. Rather, the hissing and fussing concerns an event that falls four days after polling day: the regulator Ofwat’s unveiling of its pricing regime for the next five years.

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