Water Companies: Employers' Contributions
Commons · Question 14792 · Tabled 18 Nov 2024 · Department for Environment, Food and Rural Affairs · Official record
Answered 27 Nov 2024
Question
Asked by Ben Spencer
To ask the Secretary of State for Environment, Food and Rural Affairs, what discussions he has had with Ofwat on the potential impact of proposed changes to employers National Insurance contributions on the financial resilience of water companies.
Answer
Answered by Emma Hardy, 27 Nov 2024
The Secretary of State has not had any discussion with Ofwat on the potential impact of changes to employer National Insurance contributions. Given the principle of regulatory independence, Ofwat conducts the price control review process at a distance fro...