Ofwat approves £88bn AMP8 water spending spree

Water regulator Ofwat has today cleared the way for an £88bn infrastructure spending programme across the country.
The  AMP8 spending agreement is £16bn lower than in water companies’ business plans after the regulator removed inefficient spending and activity where companies have already been funded.
Around £35bn will be channelled into reducing pollution and delivering greater water supply resilience.  This more than trebles the level of investment in the 2020