Households in England Likely to See Another Hike in Water Bills

Households in England may get slapped with another hike in water bills, though a smaller increase than previously expected.

The UK’s Competition and Markets Authority said Thursday it plans to allow five water companies to raise bills by 3% more than already allowed by regulator Ofwat late last year. The utilities complained at the time that the boost was insufficient to fund vital infrastructure upgrades and attract crucial new investment, and asked the CMA to weigh in.