Competition watchdog turns the taps back on for water investors
(World News UK)

Plans to save households around £50 on their annual bills have been put in jeopardy after the competition watchdog said that water networks needed more money to invest in their infrastructure. The Competition and Markets Authority (CMA) found that Ofwat had been too strict on how much water companies could invest in resilience and reducing water leaks, and decided to put more money in the pockets of shareholders. It was reviewing Ofwat`s decision on the...