Thames Water asks watchdog to let it charge even higher bills

Thames Water had already been allowed a 35% bills increase over the next five years, but it wants even steeper price rises (Andrew Matthews/PA) - (PA Wire)

Thames Water is asking the competition regulator to allow it to charge customers even more over the coming years than had previously been granted.

The company has already been allowed a 35% rise in consumer bills over the next five years by water regulator Ofwat, after Thames had previously lobbied for a 59% hike.