The head of Britain’s water regulator said it will take water companies to task over leaks and prices as the nation faces hosepipe bans.
“We set challenging, achievable targets of water companies, leakage being one of them,” David Black, CEO of The Water Services Regulation Authority (Ofwat) told BBC Radio 4 on Aug. 16.
“We challenged the sector to reduce leakage by 16 percent. The latest information we have says the 13 out of 17 companies are on track to deliver that in the first two years,” he added.
Black stated water companies in general were not offering value for money.
“The sector as a whole has underperformed against the price thus far into the period (2022)….