News Formal

Water Companies Given £104 Billion Upgrade But Campaigners Fume Over 'Profit for Pollution'

  • 📰 LBC
  • ⏱ Reading Time:
  • 47 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 74%

Environment News

WATER POLLUTION,SEWAGE CRISIS,WATER INVESTMENT

Ofwat, the water regulator, has approved a £104 billion upgrade for the water sector in England and Wales, resulting in average household bill increases of £31 per year over the next five years. While the investment aims to reduce sewage spills, combat nutrient pollution, and enhance water resilience, environmental campaigners criticize the deal as perpetuating 'profit for pollution' due to concerns that it won't adequately address the sewage crisis and guarantee cleaner water.

Campaigners have reacted with fury to a deal for water companies which they claim will continue “profit for pollution” of rivers and seas.

There is also £6 billion of upgrades to combat nature-harming nutrient pollution from water works and farming, for around 1,000 sites and river catchments. In response to the settlement, Surfers Against Sewage chief executive Giles Bristow said a third of every pound a customer paid was lost to industry debt and dividends, not going to cleaning up rivers, lakes and seas.

River Action’s chair and founder Charles Watson said: “It is a travesty that customers are now being forced to pay higher water bills, especially when these increases are directly the result of years of under-investment by the water industry.” “These extortionate price rises won’t guarantee us cleaner water or solve the sewage crisis, they simply reward businesses for breaking the rules that protect people and nature,” she said calling for the right to a healthy environment in law, so communities could hold water firms to account.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 17. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Water Companies Awarded £104 Billion Upgrade Despite Pollution ConcernsOfwat has approved a £104 billion upgrade for the water sector, leading to average household bill increases of £31 per year. While the investment aims to improve water quality and address sewage spills, environmentalists criticize the deal, arguing it perpetuates 'profit for pollution' and won't solve the water pollution crisis.
Source: LBCNews - 🏆 75. / 59 Read more »