Published On Dec 19, 2024, 5:57 AM
The water regulator Ofwat has announced that water bills in England and Wales will increase by an annual average of £31 over the next five years. The actual increase varies by region depending on the water supplier.
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Given that water bills are set to rise, companies in the water supply sector may see increased revenue. Stocks associated with water utilities might perform better as infrastructure investments are made and consumer costs rise.
Dec 6, 2024, 2:58 AM
The water firm has reportedly received multiple bids as it faces running out of money next year.
Oct 8, 2024, 6:00 PM
The largest water and wastewater utility in the country, American Water, was hit by a cyberattack last week and took its customer payment portal offline while it mitigates the issue.