Sewage-filled rivers? Water shortages? Leaky pipes? These are only some of the problems facing the water industry - and a row has erupted about how much money will be needed to solve them.
Water UK, the industry’s lobby group, is unhappy about Ofwat’s decision to allow average household bills to rise by £94 per household over the next five years. Companies wanted to spend £104.5bn over the cycle. But that would see the average bill rising by £144 – a sum the regulator was not willing to accept.
“Water companies are today warning Ofwat ... that its draft decision to cut proposed investment puts urgent improvements at risk,” said Water UK. “Ofwat wants to cut a record £17bn from water companies’ £105bn investment proposals, meaning more housing will be blocked, the recovery of rivers will be slower, and we will fail to deal with the water shortages we know are coming.”
Bu hikaye The Independent dergisinin August 29, 2024 sayısından alınmıştır.
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Bu hikaye The Independent dergisinin August 29, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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