Responding to the Jon Cunliffe review into the water sector in England and Wales which calls for Ofwat to be replaced by a single regulatory body, co-leader of the Green Party, Adrian Ramsay MP, said:
“Expecting a different form of regulation to fix the water industry is, frankly, rearranging the deck chairs on the Titanic. Not only that but the majority of the public are going to be expected to pay more in bills, as we watch the industry continue to sink under the failed model of privatisation.
“The government deliberately left out the option of public ownership from the review, but that’s the only real way to get the water industry to clean up its act, end millions being siphoned off for huge CEO salaries and shareholder dividends and instead see this money invested into ending sewage dumping and fixing leaks.”