[gpt]Rewrite this article in 3-5 professional paragraphs with insights and context. Use
subheadings for each section. End with “Why it matters:” followed by one impactful sentence:
Environment secretary backs plan to end sewage spills and financial mismanagement in England and Wales
A new water regulator will replace the powers of Ofwat, the Drinking Water Inspectorate and the Environment Agency to “reset” a sector tarnished by scandals over sewage spills and financial mismanagement, after a major review of the sector.
The government will adopt the recommendation for England and Wales made in the review it commissioned from Sir Jon Cunliffe, a former deputy governor of the Bank of England, which was released on Monday. In England, the powers of Natural England will also be subsumed.
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Source: Politics | The Guardian
