‘Never again’: Regulatory reform pledged to prevent repeat of water bill hikes

Environment Secretary Steve Reed gives a speech at Kingfisher Wharf, London, following the publication of the Independent Water Commission report (Aaron Chown/PA) - (PA Wire)

The Environment Secretary has said households will “never again” face major water bill hikes as he announced an overhaul of regulation of the troubled sector.

Steve Reed announced in a speech alongside the River Thames that regulator Ofwat would be scrapped, as part of measures to pull overlapping water regulation by four different bodies into one “single, powerful” regulator responsible for the whole sector.