Magazine article Public Finance

Scottish Water Chair Resigns over Future Plans

Magazine article Public Finance

Scottish Water Chair Resigns over Future Plans

Article excerpt

The chair of Scottish Water has resigned following a dispute with ministers over the utility's £2bn investment plan for the next four years.

Professor Alan Alexander stood down this week after Environment Minister Ross Finnie said that the investment plan fell short of ministers' and regulators' requirements 'in a number of material respects'.

The surprise resignation will require the plan to be revised. 'We now need urgently a plan for delivering these improvements that commands the confidence of ministers, its regulators and its customers,' Finnie said.

Alexander had been chair since the quango was set up four years ago to replace three separate regional water authorities. In a brief statement, he said: Ι am sorry to be leaving Scottish Water over this difference of opinion.

However, I am pleased to have delivered significant improvements in the water industry in Scotland over the past four years.'

Alexander's departure comes in the wake of problems that arose last November when the Water Industry Commission in Scotland, headed by Sir Ian Byatt ruled that Scottish Water's investment should be reduced from £3.3bn to £2.15bn and that charges should rise by 0.5% less than inflation. …

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