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The Guardian - UK
The Guardian - UK
Business
Alex Lawson

Thames Water could raise bills to £627 a year to help fix leaks

Thames Water van
Thames Water is under intense scrutiny amid fears over its financial stability. Photograph: Guy Bell/Shutterstock

Thames Water could raise bills to as much as £627 a year to pay to fix its leaky network, after promising to invest up to £3bn more over the next five years.

The embattled water supplier said on Monday that it had updated its spending plans for 2025 to 2030 after discussions with the industry regulator, Ofwat, and bills could rise as much as 44% under its most ambitious spending plans.

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