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UK to create single regulator for troubled water sector
Published by Global Banking & Finance Review®
Posted on July 21, 2025
1 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 21, 2025
1 min readLast updated: January 22, 2026
The UK will create a single regulator for the water sector to enhance environmental and consumer protection, replacing existing bodies.
LONDON (Reuters) -Britain's government will abolish its main regulator of the water industry and create a new single body for oversight of the sector, Environment Secretary Steve Reed said on Monday.
"Having four separate regulators with overlapping and conflicting remits has created a merry-go-round that has failed customers and the environment," Reed said.
Earlier on Monday, an official report said Britain should overhaul water regulation to improve protection of the environment, investors and consumers. It also gave companies breathing space on sewage fines.
(Reporting by Sarah Young and Sam TabahritiWriting by William Schomberg)
The UK government plans to abolish its main water industry regulator and create a new single body for oversight.
The change aims to address the failures of the current system, which has multiple regulators with overlapping responsibilities.
The report suggested an overhaul of water regulation to enhance protection for the environment, investors, and consumers.
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