Regulator Proposes Extra 3% Bill Rises for Five Water Companies to Fund Upgrades
CMA issues provisional ruling allowing five water companies to raise bills by 3% to fund upgrades. Public consultation will determine the final decision.
Thames Water Creditors Propose £7.5 Billion Debt Write-Off to Avert Nationalisation
Thames Water faces a critical rescue as creditors propose a £7.5 billion debt write-off and equity injection to prevent nationalisation. Ofwat’s decision will shape the future of Britain’s biggest water supplier and UK infrastructure.