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Up-For-Chop Ofwat Almost Doubles Consultant Spending to Eye-Watering £9.7 Million
With MPs chomping at the bit to abolish the water regulator and a government-established commission considering whether to do so, shambolic Ofwat has been busy splashing the cash on consultants. Can’t polish a…
Data released in the Christmas lull shows that Ofwat spent a whopping £9.7 million in 2024 on consultants. The majority of that was for its price review – which sets bills and investment levels for companies for the next five years. Those figures don’t even include the month of December. Spend is almost double the £5.4 million Ofwat splashed back in 2019…
Back in November Guido reported that under the stewardship of CEO David Black the regulator has been funding “DEI specialists,” high-end office furniture, and “social media monitoring” to the tune of millions. Reminder: billpayers fund Ofwat entirely…
Ofwat paid PwC over £6.4 million to deliver the price review along with more cash thrown at firm Aqua Consultants and pollster BMG Research. Aqua then published an article saying “great credit” should go to Ofwat for the price review, which has itself caused so much ire it is being appealed by no fewer than four water companies. The more Ofwat spends on consultants, the higher water bills end up going…
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