Finance
CEO of UK's water regulator to step down, Sky News reports
CEO of UK's water regulator to step down, Sky News reports
Published by Global Banking and Finance Review
Posted on August 5, 2025

Published by Global Banking and Finance Review
Posted on August 5, 2025

LONDON (Reuters) -The chief executive of British water regulator Ofwat, David Black, is to step down, Sky News reported on Tuesday.
It comes after environment minister Steve Reed said last month he had agreed to abolish Ofwat as part of a regulatory overhaul.
Britain will create a new powerful regulator for its water industry following public fury over sewage spills.
(Reporting by Catarina Demony; editing by James Davey)
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