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| Ofwat chief executive to resign at end of month | Ofwat chief executive to resign at end of month |
| (32 minutes later) | |
| The chief executive of Ofwat will stand down at the end of the month, the regulator has confirmed. | The chief executive of Ofwat will stand down at the end of the month, the regulator has confirmed. |
| The regulator said David Black, who became chief executive in April 2022, had decided that now was the time to "pursue new opportunities". | The regulator said David Black, who became chief executive in April 2022, had decided that now was the time to "pursue new opportunities". |
| Last month, it was confirmed that Ofwat will be scrapped to create a new watchdog as part of an industry overhaul to address failings. | Last month, it was confirmed that Ofwat will be scrapped to create a new watchdog as part of an industry overhaul to address failings. |
| Mr Black said he wished the team "every success as they continue their important work". | Mr Black said he wished the team "every success as they continue their important work". |
| Ofwat said an interim chief executive will be chosen "in due course". | |
| The decision comes amid widespread criticism of water companies over leaking pipes and sewage spills, with pollution incidents in England hitting a new record. | |
| A long-awaited report on the industry published last month made 88 recommendations to reform the water sector, including increasing bills sharply to pay for investment, making smart meters compulsory, and scrapping Ofwat. | |
| Following the report, Environment Secretary Steve Reed confirmed Ofwat would be abolished. |