Water firms make bigger price cuts

%VIRTUAL-SkimlinksPromo%Two water companies serving millions of customers will hold down bills by more than previously expected over a five-year period under plans provisionally approved by regulators.

Dwr Cymru Welsh Water will limit bill changes to 5% below inflation over the 2015/20 period, representing a real-terms cut, while investing more than £2.5 billion, under revised plans submitted earlier this month. It previously planned a 4.8% cut.