Thames Water launches appeal for permission to raise bills even higher
Struggling firm to appeal to CMA to increase water bills by more than Ofwat-approved 35% over next five yearsBusiness live – latest updatesThames Water is to appeal to the UK’s competition regulator to be allowed to raise customers’ bills over the next five years even higher than previously granted.The water company, which serves 16 million customers in London and south-east England, will ask the Competition and Markets Authority (CMA) for permission to raise bills from 2025 to 2030 by more than the 35% that the water regulator for England and Wales, Ofwat, approved last year. Continue reading...
admin
0
2
Struggling firm to appeal to CMA to increase water bills by more than Ofwat-approved 35% over next five years
Thames Water is to appeal to the UK’s competition regulator to be allowed to raise customers’ bills over the next five years even higher than previously granted.
The water company, which serves 16 million customers in London and south-east England, will ask the Competition and Markets Authority (CMA) for permission to raise bills from 2025 to 2030 by more than the 35% that the water regulator for England and Wales, Ofwat, approved last year. Continue reading...
