Bank of England expected to leave interest rates on hold today; household water bills increase to be set – business live

Rolling coverage of the latest economic and financial newsTroubled Thames Water will be allowed to increase customer bills by just over a third by 2030 after a decision by the industry regulator, the Guardian has learned.Ofwat is poised to announce that the heavily indebted company, which serves 16 million consumers in London and the Thames Valley area, will be permitted to raise bills by just over half the level the company had demanded. Continue reading...

Dec 18, 2024 - 22:45
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Bank of England expected to leave interest rates on hold today; household water bills increase to be set – business live

Rolling coverage of the latest economic and financial news

Troubled Thames Water will be allowed to increase customer bills by just over a third by 2030 after a decision by the industry regulator, the Guardian has learned.

Ofwat is poised to announce that the heavily indebted company, which serves 16 million consumers in London and the Thames Valley area, will be permitted to raise bills by just over half the level the company had demanded. Continue reading...

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