Water industry review unlikely to spark required change, claims Feargal Sharkey
The Independent Water Commission, led by former Bank of England deputy governor Sir Jon Cunliffe, will outline recommendations to turn around the floundering sector in its final report on Monday, with claims it will lead to the abolition of embattled water regulator Ofwat.
But former Undertones frontman Sharkey, who has become a leading campaigner for water companies to clean up their act, said he fears the highly anticipated report will be a 'flat pancake'.
He told the PA news agency: 'We were promised that the report will bring us champagne – but it will just be a saucer of milk.'
Sharkey, who has given evidence to MPs on the need for reform and has spoken at numerous public and trade union meetings, said he does not believe 'much will happen' as a result of the report's findings.
'Sir Jon's job is to make the current system better, but so many things have not been considered in his review, such as the ownership of the water companies.
'I also don't think you can talk about abolishing Ofwat without considering the future of the Environment Agency – and taking a long, hard look at the Environment Department (Defra), as well as the lack of action from government ministers for many years. They are just as culpable.'
Sharkey said governments have had the power to punish water companies over sewage pollution, or the 'scandal' of paying huge bonuses to bosses, but had chosen not to use them for years.
He believes the public and customers have been treated with 'contempt' by water companies for years despite outrage over sewage pollution of rivers and waterways.
He added the fact that the review had been held was a victory for the many small community groups across the country set up to tackle the crisis.
The review was commissioned by the UK and Welsh governments as part of their response to systemic industry failures, which include rising bills, record sewage spills and debt-ridden company finances, although ministers have ruled out nationalising companies.
A Government spokesperson pointed out that unfair bonuses have been banned for senior executives at six water companies under new measures which came into force last month.
The Government said at the time that transformative change across the water sector was needed to clean up rivers, lakes and seas, and modernise the sector for decades to come.
Under the rules, companies are not permitted to pay bonuses to water bosses that oversee poor environmental and customer outcomes.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
12 minutes ago
- Yahoo
New food store could open in building near Bradford City's grounds
A BUILDING in the shadow of Bradford City's Valley Parade ground could become a food store and butcher's if new plans are approved. The former Dewhirst Coaches building on Thornciffe Road has been vacant since the transport company shut several years ago. The new planning application would see the building converted into retail use, and says the development would create jobs as well as boost the local economy. The plans have recently been submitted to Bradford Council by Shanjid Ali. As well as the change of use of the shop, the application calls for a new canopy on the existing building, illuminated signage and three external refrigerated units. The building is just yards from Bradford City's ground and the area is often heaving with football fans on matchdays. The application says: 'The site comprises a substantial open yard that facilitated turning circles and manoeuvring for large vehicles. 'The building's former use as a storage facility makes it inherently suitable for commercial retail. 'Currently many vehicles are parked within the site from the previous use and will be removed if planning is granted.' Referring to the new retail use, the application says: 'The premises will cater to walk-in customers and local suppliers, offering chilled, frozen, and ambient food goods. 'The retail premises will operate seven days a week, between 9am and 8pm. The business will employ seven full-time members of staff. 'This (application) represents a direct contribution to the local economy and introduces employment opportunities to an otherwise inactive commercial site. 'By reintroducing viable uses to a currently underutilised site, the redevelopment will support economic regeneration.' The proposed store would have 16 parking spaces. A decision on the application is expected next month. Earlier this year an application for another major scheme on the same road – opposite the site of the food store plan – was approved by Bradford Council. Cake Box, a food company that has a base on Thorncliffe Road, had applied for permission to build new warehouse space on land next to its Manningham base. The site was the former home of Adams Fast Food Supplies until that building was destroyed in a blaze caused by a faulty electric appliance in 2021. The application for the warehouse said the company's expansion would be 'a significant capital investment in the area to secure the long-term future from an established company that is looking to expand its operation". Planners approved that application this Spring.
Yahoo
39 minutes ago
- Yahoo
MP investigated over late filing of overseas trip
Stourbridge MP Cat Eccles is being investigated by the parliamentary standards watchdog over claims that she was late declaring a trip to Israel and the Palestinian territories. The standards commissioner, Daniel Greenberg, announced that he was looking into a possible breach under rules about the declaration of an interest and the late registration of an interest. In the most recent filings, Eccles listed a trip to Israel and the Palestinian territories, sponsored by Labour Friends of Israel, with flights, accommodation and meals totalling £2,600. Ms Eccles has been contacted for a comment. Parliamentary rules state MPs must "always be open and frank in declaring any relevant interest" and register such interests within 28 days. The trip was listed as having taken place between 25 and 29 May but was registered with officials on 9 July. The purpose of the visit was described as being for meetings with politicians, academics, activists and diplomats. The Express and Star reported on Saturday that a spokesperson for the MP said missing the deadline was due to an administrative error and there had not been any attempt to conceal the trip. Follow BBC Birmingham on BBC Sounds, Facebook, X and Instagram. More on this story Standards watchdog investigates Nigel Farage MP Neil Shastri-Hurst under investigation Essex MP investigated by standards commissioner Labour MP Tahir Ali faces expenses probe Related internet links MP Cat Eccles
Yahoo
an hour ago
- Yahoo
Glenfiddich and the Balvenie's Parent Company Reports a Nearly 30% Profit Drop in 2024
It seems that tough times continues to hound the spirits industry, and scotch whisky is one category that is feeling the pain. Late last week, the family-owned company William Grant & Sons (owner of major whisky distilleries Glenfiddich and the Balvenie, as well as Milagro Tequila and Sailor Jerry Rum) reported a significant decrease in profits by nearly 30 percent in 2024. It remains to be seen how this year will play out, but that's a lot of ground to make up. According to a recent article in The Herald, WGS, which is owned by the billionaire Grant family, reported that its profits dropped by about a third in the year ending in December of 2024, and revenue was down by 6.5 percent. 'In a year marked by industry-wide challenges, the decline in revenue compared to 2023 is in line with market trends, including the continuation of significant destocking,' said a rep for the company in a statement. 'Despite these significant headwinds, William Grant & Sons maintained its commitment to quality and innovation. This was demonstrated by the announcement of Glenfiddich's multi-year partnership with the Aston Martin Formula One team in November 2024, bringing together two brands renowned for their heritage, innovation, and pursuit of excellence.' More from Robb Report A Brand-New Pebble Beach Compound Overlooking Spyglass Hill's 11th Fairway Lists for $10.9 Million One of America's Biggest Whiskey Distilleries Has Seen Its Sales Plummet Ex-Google CEO Eric Schmidt Just Dropped $110 Million on Aaron Spelling's Former L.A. Mansion Despite these challenges, Glenfiddich and the Balvenie remain in the list of top five best-selling single malts (rounded out by the Macallan, the Glenlivet, and Glenmorangie). And WGS completed the purchase of Naked Malt and the Famous Grouse this month; the latter is the best-selling blended scotch in the U.K., so presumably that will help sales figures. On the other hand, the company decided to partially pause production at its Tullamore D.E.W. distillery in Ireland this past spring, part of an ongoing trend in the whisky industry. (The company said production will resume this summer.) Of course, we are only halfway through 2025, so it remains to be seen whether these losses will continue or the course will be reversed, although the recent negotiation between the Trump administration and the E.U. resulting in a 15 percent tariff likely won't help. In the U.K., politicians are pressing him to ease the current 10 percent tariff on scotch that has been levied against the industry to the tune of about £4 million per week, according to the Independent. The situation remains fluid, but we will report back with any significant updates. Best of Robb Report Why a Heritage Turkey Is the Best Thanksgiving Bird—and How to Get One 9 Stellar West Coast Pinot Noirs to Drink Right Now The 10 Best Wines to Pair With Steak, From Cabernet to Malbec Click here to read the full article. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data