Question to the Department for Environment, Food and Rural Affairs:
To ask the Secretary of State for Environment, Food and Rural Affairs, whether her department has made an estimate of the amount spent by United Utilities on (a) servicing debt and (b) maintaining and renewing its water and sewerage infrastructure in each of the last ten financial years.
Ofwat is the independent economic regulator for the water industry. It approves allowed revenues, spending priorities, and expected financing costs, and monitors financial performance. Ofwat publishes an annual assessment of company finances.
Ofwat will be replaced by an integrated regulator with greater insight into company finances and enhanced enforcement tools.