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Business of the House

Has my right hon. Friend seen the National Audit Office’s criticisms of Ofwat, the water regulator, which has supinely failed to control the water companies in respect of stopping leaks from their water systems, thereby increasing the charges to the paying customer? As has been pointed out before, it is the customer’s pocket that is hit. We are not getting value for money from our regulators: whether we are talking about the energy regulator or the water regulator, prices are going up. Can we have a debate on the role of regulation in this country and the need for regulators to serve the public interest?