Water UK has sent a submission to the Labour Party on their ‘Democratic Public Ownership’ consultation. The submission also examines the Labour Party’s ‘Clear Water’ proposals for nationalising the water and sewerage industry in England. Our view is that, if implemented, the proposals could seriously damage the provision and quality of water and sewerage services in England.
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Water UK response to NAO report
On Wednesday 14 October 2015 the National Audit Office published its review of regulation and the water industry. The water industry has worked closely with the NAO over many months and provided a range of figures and information to assist their review of regulation in the sector.
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Over £8 billion to be invested in water industry this year as bills rise by less than inflation
Water companies in England and Wales will invest more than £8 billion in 2018-19. The average household water and sewerage bill in England and Wales for 2018-19 will rise by less than inflation, and will help the ongoing investment.
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Water and sewerage bills for 2014-15
Water companies are set to complete a five-year investment programme worth £25 billion, while keeping rises in the average household water and sewerage bill below inflation in 2014-15. In November 2009, a five-year package of investment and prices was finalised and April 2014 sees the final year of that package.
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New research shows water companies in England and Wales outperform comparable water sectors in Europe
Water companies in England and Wales perform better than their main European counterparts, according to a major new report.