Thames Water wants 10% bills rise

Updated
Watchdog rejects water bill rise
Watchdog rejects water bill rise

Thames Water, the UK's biggest water company, wants to raise bills by more than 10% above the cost of inflation over a five-year period, it has told Ofwat.

The regulator said the company had submitted by far the highest proposed bill increase of any of the major water supply and sewerage firms that have put forward their plans for 2015-20.
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