Business

English and Welsh water firms could be forced to return £107m via lower bills

The Guardian Business · 14 October 2026 at 15:18

English and Welsh water firms could be forced to return £107m via lower bills

Yorkshire and Thames among providers facing penalties for missing performance targets, but bills could rise elsewhere Business live – latest updates Thames Water, Yorkshire Water and other providers could be forced to cut tens of millions of pounds from household bills after the regulator said they had missed performance targets.

Customer bills at Yorkshire Water could fall by £27 on average, while those at Thames could decrease by £7, according to estimates by Ofwat, the regulator of the privatised industry in England and Wales.

Read the full article on The Guardian Business ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.theguardian.com — the content belongs to The Guardian Business.

English and Welsh water firms could be forced to return £107m via lower bills

More from The Guardian Business

The UK energy secretary is flirting with a bad idea for bills – the ‘rising block tariff’

Palantir and Sadiq Khan drop legal battle over Met contract

Netflix to lay off about 1,000 employees in biggest cuts since 2022

US inflation rose to 3.7% in September in blow to Republicans before midterms

More in Business

US floats unfreezing some Russian assets to restart Ukraine peace talks

How backlash against data centres could shape the US midterm elections

How a Chinese-made toy gets to a US retailer

How much is the minimum wage?

Anthropic tells investors quarterly revenue up 50% to $16.8bn ahead of IPO

OpenAI employee accused of bugging office booked one-way ticket to Saudi Arabia