UK water utility and FTSE 100 company
Ofwat has provisionally allowed five of 13 water companies in England and Wales to raise charges by about £3.4bn by 2030 to fund infrastructure upgrades, address PFAS and support housing and data-centre growth. Bills for several firms will rise in 2027–28 and 2029–30, with final confirmation due after consultation in December.
Campaigners have urged the government to reform or reverse privatisation of the water sector amid protests, petitions and a surge of public concern following a series of sewage pollution incidents and a high-profile documentary.