Since water was privatised in 1989, household water bills have risen faster than the rate of inflation. On 19 December OFWAT announced an average increase in charges of 36 per cent above inflation over the next five years, with considerable variations between companies ranging from a 53 per cent increase for Southern Water customers to 21 per cent for customers of Northumbrian Water and Wessex Water. Across England and Wales, water bills will rise by an average of £123 a year from April.
I had an interesting meeting I wanted to tell you about. I had the opportunity to meet with the Minister for Employment and the Secretary of State for Education at 10 Downing Street.
This paper is a revision of the analysis which was published by Child Poverty Action Group on 1 August. On 2 August new gas and electricity price cap estimates were published for October 2022 and January 2023 which slightly lowered the estimates for October and slightly increased them for January.
