Property News · November 29, 2017

Thames Water to halve price increases after failing leak targets


Company suspends dividend as it brings forward £40m in customer compensation to fund below inflation rises for 2018-2019Thames Water is to halve planned price increases next year after admitting it has let down customers by failing to meet its leakage targets.Britain’s biggest water company said it would now raise prices by 2.3% in 2018-19, meaning the average annual bill will be about £8 less than it would otherwise have been for 5 million households. Continue reading…

Source : theguardian.com
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