“One in five water jobs at risk”

Cyclical nature of Ofwat price review forcing firms to lay off staff, warns EIC

26-Nov-09 The “boom and bust” cycle that results from the way water industry regulatory for England and Wales, Ofwat, controls water companies' spending will pose an ongoing threat to the UK water industry's skill base and capacity to innovation, unless it is replaced by a more staggered approach, warns the Environmental Industries Commission (EIC). Yesterday, the day before Ofwat announced its final price decisions for the period 2010-15, the...

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