- Question by: Mike Tuffrey
- Meeting date: 17 March 2004
A small point, returning to this question of the utilities infrastructure and whether you are in this rich mix of cooks and broths and magic wands talking to the regulators, Ofcom, Ofgem and all the other `ofs', because in the old days the utilities, the phone, gas and electricity companies would have been able to put the infrastructure in ahead of demand. Now they are working on a private model they can only put the investment in if there is a sure payback, unless the regulators tell them they have to do that. So are the regulators part of this?