Ofwat chief fails to impress with cautious stance_2
17 August 2012
Water buyers have expressed disappointment at the first speech by the incoming Ofwat chief, in which he signalled a cautious approach to competition.
Philip Fletcher, director-general of water services, told a conference organised by The Economist what he believed his job was about: “My remit is to facilitate the development of competition. I see that as being significantly different from the task indicated by the government during the passage of the Utilities Act - before its water provisions were removed - the...