England & Scotland may often adopt different approaches to similar issues, being well-illustrated recently by strategic decisions taken by two water regulators.
in December 2019 England’s body Ofwat announced that water companies must reduce bills by an average of 12% before inflation over a five-year period (2020 and 2025).
But in Scotland, the Water Industry Commission for Scotland (WICS) concluded that average annual charges will have to rise by up to 2% in the period 2021-27, with a similar increase required into the 2030s. WICS makes it clear that these increases are necessary to prepare the industry for net zero carbon emissions by 2040.
So which one will prove to be right ot wrong?
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