Water bills are to rise by up to 40% to cover the costs of sewage pollution and climate change, according to reports. The Times reports that the rises will be formally announced in 2024 - taking the average household bill to £680 a year.
The rise will be on top on inflation. Chancellor Jeremy Hunt will discuss the plans with Ofwat - the water regulator - at a meeting to discuss 'profiteering'.
Some areas already saw an 11 per cent rise in water bills last April. Southern Water is proposing to charge customers an extra £279 a year on their bills by 2030, documents from a focus group reveal.
