Ofwat chief executive to resign at end of month

The chief executive of Ofwat will stand down at the end of the month, the regulator has confirmed.

The regulator said David Black, who became chief executive in April 2022, had decided that now was the time to “pursue new opportunities”.

Last month, it was confirmed that Ofwat will be scrapped to create a new watchdog as part of an industry overhaul to address failings.

Mr Black said he wished the team “every success as they continue their important work”.