Largest price hike since privatisation is even more than the £86 predicted by Ofwat as companies add inflation on top
Water bills will rise by an average of £123 this year in the biggest hit to customer pockets since the industry was privatised 36 years ago, as the public pays to replace ageing infrastructure and cut record sewage pollution.
The price hike for millions of customers in England and Wales from 1 April will take the annual average bill from £480 to £603, and is higher than the £86 rise predicted by the regulator Ofwat in December, because water companies are adding inflation on top.
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