Part of Business and Trade – in the House of Commons at on 23 March 2023.
Kemi Badenoch
Minister of State (Housing, Communities and Local Government), Minister of State (Foreign, Commonwealth and Development Office), Minister for Women and Equalities, Secretary of State for Business and Trade, President of the Board of Trade, Minister for Women and Equalities
My hon. Friend is quite right. As set out in our policy paper, the duties and functions of Ofwat, Ofcom and Ofgem have significantly expanded since privatisation. I agree that the Bill would enable us to move more quickly, and I would like to work with him to see what we can do to improve regulation more broadly.
