Video Transcription
2009 to 2014, the companies were required to put together very detailed business plans
what they wanted to spend, where they wanted to spend it. These plans were then reviewed very
carefully by Ofwat to come out with the five-year price determinations and Ofwat took a very hard
line last time around, basically saying that prices would flatline without taking into account RPI.
Well in Scotland where water privatisation came later and was done differently than in