Advertisement
UK markets close in 7 hours 49 minutes
  • FTSE 100

    8,069.09
    +45.22 (+0.56%)
     
  • FTSE 250

    19,659.16
    +59.77 (+0.30%)
     
  • AIM

    750.45
    +1.27 (+0.17%)
     
  • GBP/EUR

    1.1572
    -0.0017 (-0.15%)
     
  • GBP/USD

    1.2363
    +0.0013 (+0.11%)
     
  • Bitcoin GBP

    53,520.43
    +43.83 (+0.08%)
     
  • CMC Crypto 200

    1,397.44
    -17.32 (-1.22%)
     
  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     
  • DOW

    38,239.98
    +253.58 (+0.67%)
     
  • CRUDE OIL

    82.21
    +0.31 (+0.38%)
     
  • GOLD FUTURES

    2,320.90
    -25.50 (-1.09%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • HANG SENG

    16,814.66
    +302.97 (+1.83%)
     
  • DAX

    17,996.17
    +135.37 (+0.76%)
     
  • CAC 40

    8,061.96
    +21.60 (+0.27%)
     

Water bills to rise to pay for £10bn sewerage upgrades

Water companies are to invest £10 billion into the biggest modernisation of England’s sewers “since the Victorian era”. Water UK - the body representing Britain’s water industry - says company shareholders will make the investment but customers will eventually repay all of that money through gradual rises in their bills over the next 50 to 100 years. The trade body also apologised on behalf of England’s water companies for sewage discharged into rivers and coastal areas - a problem which has been happening for years. According to the Environment Agency, there were 301,091 sewage spills in 2022 in England, an average of 824 a day.