Britain's water utilities' shareholder returns will be capped at their...
FILE PHOTO: The sun shines as water squirts from a fountain in central London February 5, 2013. Household water and sewerage bills in England and Wales are set to rise by 3.5 percent or around 13 pounds over the next year, the water industry regulator Ofwat said on Tuesday. REUTERS/Toby Melville
- Britain’s water utilities’ shareholder returns will be capped at their lowest level since the sector was privatised three decades ago under a ruling from the Water Services Regulation Authority on Monday. Ofwat, which penalises utilities when they fail to meet targets, said the cut to allowed return was about half of what it had signalled could be possible.
Ofwat is looking to encourage investment in improving or building infrastructure after British utilities faced a series of fines for broken pipes and pollution in the past year.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Analysis: The real reason Democrats should study the UK electionThe Labour Party's wipeout in Britain's election spelled out an undeniable warning to Democrats over the potential dangers of tracking too far to the left of more moderate national electorates | Analysis
Leer más »
UK Labour's finance chief McDonnell to step down after election defeatBritain's opposition Labour party finance spokesman John McDonnell will not...
Leer más »
What the U.K. Election Does (and Doesn’t) Teach Democrats'Now more than ever, opponents of rightwing nationalism must resist the temptation to project the clarity of our moral convictions onto empirical questions of political reality'
Leer más »
UK PM Johnson must accept another Scottish independence vote: SturgeonBritish Prime Minister Boris Johnson needs to 'focus on reality' and r...
Leer más »
'The fight carries on', anti-Brexit protester says after UK voteFor the last two years, demonstrator Steve Bray has become known for his protest...
Leer más »