"If these decisions stand, the CMA has overturned the limits set by Ofwat for how much five companies can invest in their infrastructure,"
"this process has unfortunately been necessary to secure the investment our economy and environment need,"
"Ramping up water bills, when people up and down the country are already rationing showers and cutting down on laundry, is going to stretch budgets beyond breaking point."
The Competition and Markets Authority returned more than £500 million in funding to five water companies to allow increased spending on pipes, treatment works and other key infrastructure. Water UK welcomed the reinstated funding and said the decision overturns Ofwat limits, providing stability needed for environmental commitments and system upgrades. The restored money could reduce leaks, improve river quality and increase service reliability, but cost recovery choices by companies may push up household bills. Consumer groups demand visible improvements and warn that higher bills would further strain already stretched family budgets.
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