Water bills to fall as Ofwat forces companies to pass on savings
(World News UK)

The water industry regulator for England and Wales will force firms to pass on savings from reduced financing costs to their customers in a bid to decrease bills by up to £25 a year from 2020. Ofwat set out the final methodology for its 2019 price review today. Under the plans, the regulator has proposed to set the so-called cost of capital - the cost incurred on raising...