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Evening Standard
Evening Standard
Business
Jonathan Prynn

Thames Water bills will surge by £152 over the next five years in new blow to London households

Thames Water bills will rise by more than a third to an average of £588 over the next five years despite its dismal record on pollution and leaks.

Water regulator Ofwat said the UK’s biggest water supplier will be allowed to hike it bills by £152, or 35%, by 2030 from £436 currently. The figures, equivalent to increase of just over £30 a year, are before inflation and the rise in cash terms will be considerably higher.

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