questionText: To ask the Secretary of State for Environment, Food and Rural Affairs, what recent discussions he has had with Ofwat on (a) the financial viability of water companies and (b) protections for consumers in the event of insolvency.
answerText: Ofwat is an independent regulator that monitors the financial position of water companies, taking action when companies need to strengthen their long-term financial resilience. For example, in March 2023, Ofwat utilised powers provided by the Environment ...
heading: Water Companies: Insolvency