Water Industry Turmoil As Price-Rise Row Rages
Summary
THE Government is being warned that Britain's water industry is in danger of a longterm, railways-style decline just as senior ministers are deadlocked about how to avoid a massive 30% average increase in household water bills.
At issue is the forthcoming price review for the country's 23 water companies, which are demanding price rises to pay for capital expenditure plans costing up to Pounds 20 billion. However, a political row is brewing as the bill rises are set to hit householders' wallets next year just before the general election.See the full content of this document
Extract
Water Industry Turmoil As Price-Rise Row Rages
Thames Water is demanding a 20% increase in average bills next year with further rises to come. Anglian, Southern, Essex and ...
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