Ofwat

The regulator said there is a ‘significant gap’ between its view of efficient costs and the revised proposals of Anglian Water, SES Water, Thames Water and Yorkshire Water

The Environment Agency has launched a criminal investigation into the case

Its report suggests ‘misjudgements’ by Ofgem and Ofwat on key decisions meant customers have been paying ‘far too much’ for the pipes that connect energy and water to their homes

Severn Trent Water, South West Water and United Utilities customers will see reductions of between £18 and £43

The latter business water supplier has entered into liquidation

The new alliance brings together Ofwat, the Environment Agency and Drinking Water Inspectorate to follow a range of projects for inter-regional water transfer and other joint projects

Ofwat is stepping in to ensure customers have a new water retailer as soon as possible

The National Audit Office says regulators, including those covering energy and water, have not been specific enough in defining the overall outcomes they want to achieve for consumers

The move is expected to help the council reduce costs

The regulator said Severn Trent Water, South West Water and United Utilities have delivered ‘high quality plans’, which set out how they will reduce customer bills