News Formal

Britain calls for £12bn boost to water network investment

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

Belgique Nouvelles Nouvelles

Britain's water regulator on Thursday called for the country's utilities to invest the equivalent of £6 million every day for the next five years in plans to reduce pollution and leakages in increasingly stressed UK infrastructure.

The Water Services Regulation Authority, Ofwat, said the targets of its"most far-reaching price review" ever included cutting pollution incidents by more than a third and reducing supply interruptions by almost two-thirds.

"... We are calling for extra investment of £6 million each and every day to improve the environment and provide services for a growing population. At the same time we expect to see customers' bills cut by an average of £50," Ofwat Chief Executive Rachel Fletcher said. Ofwat's proposals included an additional £12 billion , to be invested over and above business-as-usual costs and investments, to improve services for future generations including by building reservoirs, moving water to where it is needed most and protecting the environment.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 28. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Matjila taken to task over PIC investment in SteinhoffIn 2016, the PIC loaned a company called Lancaster Investment nearly R10 billion to buy additional shares in Steinhoff, the company later collapsed.
La source: ewnupdates - 🏆 30. / 53 Lire la suite »

BUSINESS MAVERICK - INVESTING: The global hot spots for property investmentSavvy investors monitor the world’s most investible cities, and put their money in the top 30. Two trends are worth watching – Chinese cities could come to dominate the index, and the insatiable demand for data is affecting property values.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »