Ofwat sinks Thames Water’s plans for a price hike

Commenting on the news that Ofwat has turned down Thames Water's request to increase its prices for 2014-15, Simon Hughes, Deputy Leader of the Liberal Democrats and Member of Parliament for Bermondsey and Old Southwark, said:

'I am delighted to hear that Ofwat has decided to turn down Thames Water's application for a price increase for 2014-15. Ofwat has found that there was no justification for Thames Water's proposed £29 increase in customers' bills.

At a time when the cost of living is increasing dramatically for people across London, it is great to see a regulator willing to say no to big business and stand up for people on low and middle incomes.'