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Ofwat already approved rises of £94 for water bills in England and Wales over the period from 2025 to 2030 - a 21% hike working out to around £19 a year more and taking annual bills to £439.
Ofwat approved water bill increases in July after it found that a rising number of customers were struggling to afford them, i can reveal. The regulator gave water companies provisional approval ...
In a draft verdict on England and Wales’ water company business plans to 2030, Ofwat instead proposed Thames increase average yearly bills by 23% to £535 over the period. The heavily indebted ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK water regulator Ofwat said on Thursday that nine companies would not be able to pay executive bonuses ...
UNAFFORDABLE water price hikes proposed by Ofwat show the embattled water regulator is failing to protect vulnerable customers, the GMB said today. The union said bill payers should not be forced to ...
The water regulator said it showed 'how concerned we are about the sector's environmental performance'. Ofwat announced it had served formal enforcement notices on four remaining utilities firms ...
An independent review into the water industry could potentially abolish regulator Ofwat among other measures to reform the sector, following public outrage over bills, bonuses and sewage pollution.
Regulators have said they will impose a “turnaround oversight regime” on Thames Water and opposed the utility firm’s planned 44% rise in consumer bills over the next five years. In a draft ...