UK watchdog rejects 80% of water firms' price hike requests

Pennon

09/10/2025 07:14

Oct 9 (Reuters) - Britain's competition watchdog said on Thursday a group of independent experts has rejected nearly 80% of price increases sought by water firms, saying the requests for increases beyond that allowed by the water regulator were largely "unjustified".

Five firms including Anglian Water, Northumbrian Water, South East Water, Southern Water, and Wessex Water had disputed Ofwat's price control determination.

Ofwat had referred the requests for re-determination to the UK's Competition and Markets Authority in March.

 (Reporting by Yadarisa Shabong in Bengaluru; Editing by Janane Venkatraman)

 ((Yadarisa.Shabong@thomsonreuters.com; +91 9742735150;))