Title: Annual report 2002-03 of the Director General of Water Services for the period 1 April 2002 to 31 March 2003
Description: The Office of Water Services (Ofwat) regulates the services provided by water and sewerage companies in England and Wales to ensure quality and value for money for customers. This report details the work of the department during the period 1 April 2002 to 31 March 2003. Issues discussed include companies' finance and mergers; price setting and price competition; and the progress of the Water Bill (HLB 36, session 2002-03; ISBN 0108404161) published in February 2003. This Bill contains provisions to introduce a regulatory authority in place of Ofwat, as well as the creation of an independent Consumer Council for Water.