The OFWAT Price Review

Back to all Motions

2009 Water & Environment Service Group Conference
4 March 2009

Conference notes that the new OFWAT period of price review begins on 1st April 2010. Based on OFWAT’s interim determinations and the companies’ responses to them it appears likely that the next five years will witness the introduction of a tighter financial regime. This, combined with more pressure arising from the Cave Review, will lead to greater pressure on companies to squeeze even more value for money from their assets, including their employees.

Conference notes with alarm that some companies have already announced wage freezes and job losses.

Conference therefore instructs the Executive to work with branches to defend members’ jobs, pay and benefits and to campaign in favour of a water industry that operates in the public interest and which treats its employees with respect and fairness