Water bill row: Firms say £19 a year rise is not enough
www.bbc.co.uk
Water firms have hit out at bill rises of £94 over the next five years after wanting bigger hikes.
    • RogueEnglish
      5·
      6 months ago

      Maybe if they raise the CEO pay then they’ll attract better CEOs who can figure it out. I bet they haven’t thought to try that

  • Docus@lemmy.worldEnglish
    101·
    6 months ago

    Edit: O P says the article headline was changed, and the post title has been corrected now. So removed my downvote, leaving this for the record. I hate deleted comments. Downvoted for the shit title. Article headline says £19 a year. £94 over a random 5 year period, may as well say it goes up by £1880 per century… That said, it’s another shitty case of socialise the losses caused by mismanagement.

  • AutoTL;DR@lemmings.worldBEnglish
    3·
    6 months ago

    This is the best summary I could come up with:

    Water bills in England and Wales are set to rise by an average £94 over the next five years, the water regulator Ofwat has said.The figure varies by region with Thames customers seeing an increase of £99 or 23%, Anglian £66 or 13% and Southern Water £183, an increase of 44%.The typical £19 a year increase is intended to fund investment for improvements such as replacing leaking pipes and reducing sewage discharges into rivers and seas.It comes as suppliers have come under increasing scrutiny over their environmental and financial performance over a number of years.On Thursday, Labour will outline a crackdown on the industry, promising consumers higher compensation for sewage failures and the power to hold water executives to account.

    The new Secretary of State for Environment Food and Rural Affairs, Steve Reed, will also meet water company bosses to discuss performance issues and ways of improving the sector’s performance.

    The original article contains 150 words, the summary contains 150 words. Saved 0%. I’m a bot and I’m open source!