Smarter regulation: extending the growth duty to ofgem, ofwat and ofcom

Consultation outcome SMARTER REGULATION: EXTENDING THE GROWTH DUTY TO OFGEM, OFWAT AND OFCOM Get emails about this page This was published under the 2022 to 2024 Sunak Conservative

government This consultation has concluded READ THE FULL OUTCOME GOVERNMENT RESPONSE: CONSULTATION ON EXTENDING THE GROWTH DUTY TO THE ECONOMIC REGULATORS OFGEM, OFWAT AND OFCOM PDF, 355 KB,

31 pages DETAIL OF OUTCOME Summary of responses received, the government’s response to the consultation and the next steps. ------------------------- ORIGINAL CONSULTATION SUMMARY We’re

seeking views on extending the growth duty to include the following economic regulators: Ofgem, Ofwat and Ofcom. THIS CONSULTATION WAS HELD ON ANOTHER WEBSITE. This consultation ran from

MIDDAY ON 20 JULY 2023 TO 11:59PM ON 24 AUGUST 2023 CONSULTATION DESCRIPTION The consultation seeks views on whether economic regulators should be added to the scope of the growth duty

provided for in the 2015 Deregulation Act. The Act put in place requirements for specified regulators and regulatory functions to have regard to the desirability of promoting economic growth

when carrying out their core functions. The consultation asks for views on the inclusion of the economic regulators (Ofgem, Ofwat and Ofcom), the impact on the regulator’s activities and

evidence of impacts to regulators and businesses, as well as whether there are alternative means to improve growth outcomes. DOCUMENTS SMARTER REGULATION: CONSULTATION ON EXTENDING THE

GROWTH DUTY TO THE ECONOMIC REGULATORS OFGEM, OFWAT AND OFCOM PDF, 236 KB, 28 pages SHARE THIS PAGE The following links open in a new tab * Share on Facebook (opens in new tab) * Share on

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