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After rejecting a demand from Thames Water to ramp up bills by 59pc over the next five years from £436 to £667, industry regulator Ofwat has granted permission for a 35pc increase instead ...
Households could be as much as £225 worse off per year as water bills have just increased. Southern Water customers are some of the worst impacted, followed by Thames Water and Anglian Water.
Responding to the Court of Appeal's decision, Mr Maynard said: "Thames Water remains a cash cow for its lenders, while its 16 million customers are left to foot the bill for the company's ...
From April, bills will increase by 31 per cent. Thames Water CEO Chris Weston said they were pleased with the court’s decision “decisively refused” the appeal and allowed the loan to go through.
Over a third of customers’ bills for water in England and Wales ... Campaign group River Action said Thames Water allowed 133 hours of human sewage to enter the section of the Thames used ...
The sector regulator said in December that Thames Water could increase bills by 31 per cent — which would mean household bills rise on average by £151 to £639 this year; significantly less ...
Thames Water, said it was aiming to secure new equity in the coming months and was putting an attempt to raise customer bills by 53% on hold while it works to secure the recapitalisation.
The UK's biggest water provider has delayed its request for even higher customer bills. Thames Water has deferred its appeal to the Competition and Markets Authority (CMA), the regulator tasked with ...
Thames Water, said it was aiming to secure new equity in the coming months and was putting an attempt to raise customer bills by 53 per cent on hold while it works to secure the recapitalization.