Severn Trent has admitted the sector should have moved quicker to tackle sewage spills into UK seas as it anticipated the “biggest investment period the sector has ever seen”. It came as the water supplier revealed an increase in its profit and turnover and plans to boost capital investment by up to £1 billion.
The utility giant also plans to create 1,000 new jobs and said it will increase its existing financial support for up to 50,000 of customers who need it most. It said it had made improvements to its sewage network, but said sewer flooding remained a “key focus area”.
The business said: “As a sector, we recognise that we should have given sewage activations much more attention and acted faster, and we want to be a driving force for positive change.”
