Ministers are set to announce plans to scrap water regulator Ofwat next week after its shambolic handling of Thames Water. Guido can reveal Ofwat officials have had their heads in the clouds. Literally…
Between 2023 and 2025, they took 38 flights, according to a TaxPayers’ Alliance FOI seen by Guido. Destinations include Canada, Sweden, Belgium, Denmark, Portugal, and the Netherlands. The domestic water regulator – with zero overseas responsibilities – has been flying staff across the globe at your expense…
The flight bill alone hit £8,110, with £5,025 on hotels. Meanwhile, serious pollution by water companies surged 60% last year, according to the Environment Agency. Time to pull the chain…
Speaking at his speech on how to achieve “progressive capitalism” Wes Streeting fired a dig and Andy Burnham:
“Bond markets are not bond villains and fiscal rules matter.”