Inflation busting water bill increases are 'fair' says top official at industry watchdog Ofwat

Business

A top official at water watchdog Ofwat has claimed inflation-shattering bill hikes are “fair”. Ofwat will announce next month how much water suppliers can increase prices by over the next five years. Households are braced for more pain after it suggested in July that average bills could jump by around a fifth - or about £19 a year. That it before taking into account inflation and the heavy lobbying by the water industry which has demanded much bigger increases to help fund investment. Chris

Tag-uri: Inflatie

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