13 July 2012

Draft Water Bill Published

‘Plans to reform the water industry were published in Parliament today as the Government seeks to slash red tape, drive innovation and open the market to new companies. Under the proposals, which have been published for pre-legislative scrutiny, all businesses and public sector bodies in England will be able to switch their water and sewerage suppliers, allowing them to obtain more competitive prices, improve their efficiency and tender for services better suited to meet their individual needs. Evidence suggests that opening up the water market and allowing businesses to switch supplier could deliver benefits to the economy of £2 billion over 30 years. In Scotland, after similar reforms were introduced, the public sector alone is set to save around £20 million over the next three years. ‘To see more go to:

http://www.defra.gov.uk/news/2012/07/10/water-industry-refor/