• Ar
  • Es
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Feature
  • Videos
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Feature
Videos
Infographs
In Pictures
  1. Home
  2. News
  3. Europe
  4. UK water bills to jump by 7.5%, up to 448 pounds
Europe

UK water bills to jump by 7.5%, up to 448 pounds

  • By Al Mayadeen English
  • Source: Agencies
  • 2 Feb 14:59
  • 1 Shares

The increase would still be "unwelcome, particularly at the moment," even though the increase would still fall below the current inflation rate.

  • A running tap in a household (gov.uk)
    A running tap in a household (gov.UK)

Water bills are expected to witness a 7.5% increase, which amounts to an increase from 31 pounds ($38) to 448 pounds as of April 1 in households in Wales and England.

The Water UK industry body said on Thursday that this poses the highest jump in nearly 20 years, adding: "Average yearly water and sewerage bills in England and Wales are forecast to rise by £31 (7.5%) to £448 in the forthcoming year, below inflation (November CPIH inflation, which regulators set as the benchmark, was 9.3%). Water bills remain lower, in real terms, than they were a decade ago." 

On the other hand, Water UK policy director Stuart Colville expressed that the increase would still be "unwelcome, particularly at the moment" even though the increase would still fall below the current inflation rate. He added that concerns should be forwarded to water companies and reminded them that "water companies will never cut anyone off or make them use a prepayment meter."

Read next: UK asks EU for emergency aid, extra power, to avoid blackouts

The UK has suffered one of the worst inflation consequences, with major union strikes, price increases, and bill hikes. 

According to a new survey, Britain's reliance on government benefits has hit an all-time high, with more than half of households receiving more from the government than they pay in taxes.

Britain on the verge of famine 

Civitas research of Office of National Statistics (ONS) statistics from 2020/21 revealed that a record 54.2% of persons – or 36 million people – now live in households that received more in benefits – most notably non-cash benefits such as NHS and education services – than they paid in taxes.

It had been steadily declining since 2011, from 52.5% in 2011 to 47.5% in 2019/20, but surged during the epidemic due to additional aid.

According to new data, millions of #Britons are forced now to skip meals as a result of the ongoing #economiccrisis, with some families going through a whole day without eating a meal.#UnitedKingdom pic.twitter.com/4csjBhaMoU

— Al Mayadeen English (@MayadeenEnglish) October 19, 2022

Due to the long-term inflationary consequences of the pandemic and turmoil in Ukraine, the UK will, according to a Financial Times report, experience one of the longest recessions and the worst recoveries among G7 economies throughout 2023.

The FT report cited renowned economists who stated that the UK would face a longer-than-most "inflationary shock" period. As such, the government will be forced to conduct a strict fiscal policy throughout the year.

  • inflation
  • United Kingdom

Trending Now

All
People walk past the Bank of England, in the financial district known as The City, in London, Thursday, June 16, 2022 (AP Photo/Alberto Pezzali)

One third of UK parents cutting back on children pocket money

Most Read

Indonesian president Joko Widodo during an interview in Jakarta in 2016 (Reuters)

Widodo urges Indonesia to abandon Visa, MasterCard to be 'independent'

  • Asia
  • 16 Mar
Treasury Secretary Janet Yellen listens to opening remarks before testifying before the Senate Finance Committee about the President's proposed budget request for the fiscal year 2024, Thursday, March 16, 2023, on Capitol Hill in Washington. (AP)

US Debt ceiling ‘must be raised’ ahead of default: Treasury Secretary

  • US & Canada
  • 16 Mar
Rallies held in Washington DC to protest US militarism

Peace rallies held in Washington DC to protest US militarism

  • US & Canada
  • 18 Mar
Poland

Poland may end up 'joining' Ukraine war: Polish Ambassador to France

  • Europe
  • 20 Mar

Read this

All
US dollar may lose status as global reserve currency: Yellen
US & Canada

US dollar may lose status as global reserve currency: Yellen

  • 22 Mar
US military reports recruitment problem from Generation Z
US & Canada

US military reports recruitment problem from Gen Z

  • 22 Mar
.
US & Canada

Peace protesters hold up Senate hearing as Blinken delivers testimony

  • Today
US -Israeli relations in crisis: Axios
Politics

US-Israeli relations in crisis: Axios

  • 22 Mar
Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS