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<p>The Government’s <a href="https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fpublications%2Fstrategic-policy-statement-to-ofwat-incorporating-social-and-environmental-guidance%2Ffebruary-2022-the-governments-strategic-priorities-for-ofwat&data=05%7C02%7Cpqteam%40defra.gov.uk%7C8465691335b74b3ca6fb08dc31f841a3%7C770a245002274c6290c74e38537f1102%7C0%7C0%7C638440189525885984%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=KsyGJq7%2BPXnIwGT8QCv3ODFEg0kNFWyVk3Ki15BVWF8%3D&reserved=0"
target="_blank">Strategic Policy Statement (SPS) for Ofwat</a> which was published
in March 2022 makes it clear that protecting and enhancing the nation’s water environment
is a priority for this Government. It sets out the Government’s strategic priorities
for Ofwat for the next Price Review period. We expect water companies to use the next
five-year Price Review period (PR24) to set bold and ambitious plans that deliver
for people and the environment. This includes delivering substantial improvements
to tackle storm overflows, as well as upgrades to wastewater treatment works and improvements
to bathing waters.</p><p> </p><p>New infrastructure will need to be paid for, and
while water companies can attract private investment, this will also need to come
from customer bills.</p><p> </p><p>Ofwat is currently scrutinising water company business
plans for 2025 to 2030 to ensure plans meet the targets for environmental improvements
and other obligations and deliver value for money for customers.</p>
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