Jan 6, 2020

A Regulator’s Sign Off, by Ian Byatt

This book is a collection of papers and speeches that Sir Ian gave during his 10 years as the first director-general of Ofwat, and later as the regulator of Scotland's state-owned water company. Sir Ian writes clearly and his assessment is sharply pointed. Why does the water industry need reform? Sir Ian makes a convincing case that the early years of privatisation were a success. Sir Ian argued strongly against those new standards that he thought were excessive. Sir Ian had been in favour of increasing debt to lower the cost of capital.

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