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UK’s failure to oversee the water industry leads to high prices as Thames reaches end game

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July 11, 2024
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Ofwat, the water regulator for England and Wales, has announced that customer bills will need to increase by an average of 21% in order to sustain the water industry. This decision comes as a stark admission of the numerous failures within the sector, including inadequate regulation, lack of foresight, and mismanagement of regional monopolies. While the increase in bills may seem daunting to…

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