Context
The question follows the announcement at the autumn statement to extend the growth duty to Ofgem, Ofwat and Ofcom. The MP seeks further details on steps taken by the Department.
Question
What steps her Department is taking to ensure that regulators support economic growth?
Answer from Kemi Badenoch
At the autumn statement, we announced the decision to extend the growth duty to Ofgem, Ofwat and Ofcom, alongside a series of reforms to the duty to hold regulators to account for delivering growth in the sectors they regulate. We are also currently consulting on proposals to strengthen the economic regulation of the energy, water and telecoms sectors.
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