Ian Byatt
SirIan Charles Rayner Byatt(born 11 March 1932) is a British economist who was the Director General of the economic regulator of thewater industryin England and Wales,Ofwat,from its creation at the time of theprivatization of the water industryin 1989 until 2000.
Education
[edit]He was educated at Kirkham Grammar School. He graduated fromOxford University,obtaining a doctorate with a thesis entitledThe British electrical industry, 1875-1914andHarvard University.[1]
Career
[edit]Ian Byatt was Head of Public Sector Economic Unit (1972–78) and then Deputy Chief Economic Adviser (1978–89) atHer Majesty's TreasuryunderMargaret Thatcher.Other posts included HM Treasury 1962-4; LSE 1964-7; Dept of Education and Science 1967-9; Ministry of Housing and Local Government 1969-70; DoE 1970-2; HM Treasury 1972-89; Central Council of Education 1965-6; CNAA 1968-70; ESCR 1983-9; HM Treasury 2000-2.[2]
During his tenure as water regulator he was responsible for a substantial price reduction imposed on private water companies in 1999 that sent the share prices of these companies tumbling. Critics have also argued that instead of price cuts, it would have been better to fund improvements to the quality of water company discharges to rivers and the sea.
He then joined the newly created economic consulting firmFrontier Economics.From 2005 to 2011 he was the Chairman of theWater Industry Commission for Scotland,the economic regulator of the Scottish water industry. In 2012 he criticized theThames Tideway Schemeas unnecessary and argued that private firms should not receive the massive subsidies they have requested to finance the scheme.[3]
He was knighted in the2000 Birthday Honours.Byatt is a member of the academic advisory council of theGlobal Warming Policy Foundation,a group which disputes the science behind global warming.[4]
Publications
[edit]The British electrical industry, 1875-1914: The economic returns to a new technology,Oxford University Press, Oxford, 1979, ISBN 9780198282709.
He recently self-published a collection of articles on the regulation of water companies entitledA Regulator's Sign-off:Changing the Taps in Britain
Personal life
[edit]He was born in Preston Lancashire, the son of Charles Rayner Byatt and Enid Marjorie Annie Byatt.[2]He married the novelistA.S. Byatt(néeDrabble) in Northumberland in 1959. They had two children: one girl and one boy.[2]Ian and AS Byatt divorced in 1969.[2]He married secondly Professor Deirdre Annie Kelly on 12 December 1997 in Birmingham.[2]
References
[edit]- ^"Ian Charles Rayner BYATT".Debrett's.Retrieved4 September2014.
- ^abcdeWhoswho (1 December 2023)."Whos Who".
- ^"Thames Water is obliged to fund big projects".Financial Times. 11 November 2012.Retrieved4 September2014.
- ^Fisher, Michael."Global Warming Policy Foundation".DeSmog.Retrieved28 January2022.
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