Thames Water warns over 44% bill hike under new business plans petek, July 2, 2024 Troubled Thames Water has put forward new plans to boost spending and investment in its network, but warned this could see customer bills surge by 44%. The group, which is battling to survive amid a funding crisis, has proposed increasing spending by £1.1 billion and revealed another potential £1.9 billion investment in its network as part of new business plans to regulator Ofwat. The firm – Britain’s biggest water firm, with 16 million customers in London and the Thames Valley region – said its new business plan for the five years to 2030 would see spending rise to £19.8 billion, … Continue Reading