Boss of water regulator Ofwat to resign at the end of the month
ENGLAND AND WALES, AUG 5 – David Black is stepping down as Ofwat prepares for abolition amid a £104 billion investment plan and government reforms to address rising bills and pollution, officials said.
- Ofwat Chief Executive David Black is preparing to step down within months as Britain's embattled water regulator prepares to be abolished by ministers.
- The relationship between Ofwat chairman Iain Coucher and David Black has been under strain for some time, and Black's departure could be announced within days.
- Britain's privatised water industry and its regulator are mired in crisis, with water companies under pressure over executive bonuses and pollution incidents.
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Ofwat chief executive David Black to stand down
Mr Black will leave the role at the end of August with an interim chief executive being appointed in due course, the regulator said.
·London, United Kingdom
Read Full ArticleOfwat Chief David Black to Quit Ahead of Watchdog's Abolition
Ofwat chief executive David Black is set to ‘step down’ as the water regulator’s boss just weeks after the government announced it is scrapping the watchdog entirely. According to Sky News’ Mark Kleinman, Black will soon announce his departure after four years at the top.[…] Read the rest
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Total News Sources24
Leaning Left4Leaning Right2Center10Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 25%
C 63%
13%
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