Thames Water Proposes Bill Increase and Investment Surge to Tackle Environmental Issues

Facing financial instability, Thames Water plans to raise customer bills by up to 45% and invest over £20 billion to address leaks and sewage concerns.

Thames Water updates its business plan, proposing a bill increase to £627 by 2030 to fund environmental projects.
The utility company plans to invest an additional £1.1 billion, raising total investments to around £20 billion over the next five years.
Facing the threat of nationalisation, Thames Water seeks to avoid major financial losses for its lenders and shareholders.
Regulatory body Ofwat to review the new business plan, which aims to balance customer charges with necessary environmental investments.
Shareholders recently declined to provide a £500 million lifeline, intensifying the financial pressures on Thames Water.