In July, Ofwat had suggested raising bills by an average of 21%, but the water industry insisted this was not enough to tackle the range
Category: Business
Water bills to rise by £31 over next five years, regulator says
The regulator said the bill increases would pay for £104bn upgrade for the sector. David Black, Ofwat chief executive, said the regulator was “acutely aware
Southampton water outage to last until the weekend, firm says
The outage comes as households wait to hear about a rise in water charges on Thursday morning. Ofwat, the water regulator, is expected to announce
El Salvador gets IMF $1.4bn deal after scaling back bitcoin bet
“The potential risks of the Bitcoin project will be diminished significantly in line with Fund policies,” the IMF announcement said. “Legal reforms will make acceptance
Bank of England expected to hold interest rates
The Bank moves rates up and down to try to control inflation, which measures the pace of overall price rises. The idea is that if
Harland & Wolff: Spanish shipbuilder Navantia expected to announce deal
The government may announce that it is improving the terms of that deal to reflect increased costs. The agreement is to be presented as early
The mega trade deal that has French farmers in uproar
As the ink was drying on one of the world’s biggest trade deals, signed in Uruguay this month, and hailed as a milestone for the
Driving tests: Hundreds of examiners to be recruited to cut ‘sky-high’ wait times
Figures released by the Department for Transport (DfT) earlier this year indicated that the number of driving tests taken reached a record level in the
US cuts interest rates despite inflation risk
Inflation, which measures the pace of price increases, stood at 2.7% in the US in November – up from 2.6% a month earlier. Lower interest
UK inflation rise – what does it mean for me?
The Office for National Statistics, which calculates the inflation rate, highlighted the rising cost of petrol and diesel as one of the key reasons behind