Summary
Millions of people in England will see their water bills increase after five water companies were permitted to raise prices beyond earlier limits. The companies successfully appealed to the UK's Competition and Markets Authority to charge more in order to invest in infrastructure.
Key Facts
- Five water companies in England are raising water bills even more than previously announced.
- The companies involved are Anglian, Northumbrian, Southern, Wessex, and South East.
- They appealed to the UK's Competition and Markets Authority (CMA) for the increases.
- The CMA allowed these companies to raise bills on average by an additional 3%.
- These companies say they need the extra money for infrastructure investment.
- Over 7 million household and business customers will be affected by the changes.
- Thames Water also appealed but postponed its case for a later decision.
