- Water regulator Ofwat has proposed reducing customer bills across the UK by £240 million up to 2030 to penalise underperforming water suppliers.
- Yorkshire Water and Thames Water face the largest bill deductions of £75 million and £46 million respectively for failing to meet targets.
- The planned bill reductions are likely to be offset by separate proposals permitting water companies to raise annual charges by an additional £3.4 billion.
- Prime Minister Andy Burnham has announced plans for a strengthened Water Bill to pave the way for public ownership of failing water firms.
- Ofwat will make its final decision on the outcome delivery incentive payments by 15 December, taking effect from April.
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