Borrowing, risks and charges in the water industry : a rejoinder to the Cuthberts

Simpson, David (2006) Borrowing, risks and charges in the water industry : a rejoinder to the Cuthberts. Quarterly Economic Commentary, 31 (2). pp. 57-59. ISSN 0306-7866

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    Abstract

    In their article* in the June 2006 issue of this Commentary, Jim and Margaret Cuthbert address a number of questions to the Water Industry Commission for Scotland, the industry regulator. These questions reflect the authors' concerns about some regulatory procedures and decisions, concerns that they have expressed earlier elsewhere. The Cuthberts' criticisms can be summarised in the proposition that Scottish Water should be allowed to borrow more money, and thereby be able to lower its current charges to customers.