The government has today (20 March) backed new plans for the water regulator Ofwat to...

Published: 4:11 pm March 20, 2023
Updated: 10:03 am October 8, 2025
Government Supports New Ofwat Powers To Tackle Water Company Dividends

The government has today (20 March) backed new plans for the water regulator Ofwat to take action against water companies that pay out dividends to their shareholders despite failing to meet the required performance standards.

The changes have been made possible by the government’s Environment Act 2021 which gave Ofwat new powers to change water company licences without consent from water companies.

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