
Households in England and Wales will see their water bills increase by an “extortionate” average of £86 next year alone, as firms faced accusations of years of under-investment in their crumbling infrastructure.
Regulator Ofwat said it will allow companies to raise average bills by £31 a year, or £157 in total, over the next five years to £597 by 2030 to help finance a £104 billion upgrade for the sector.