Bill rises needed to fix creaking water system

Water bills in England and Wales are set to rise significantly to address years of underinvestment in the water system, as highlighted by the Independent Water Commission report led by Sir Jon Cunliffe. The report recommends a 30% increase in bills by 2030, smart meters for cost management, and the removal of regulator Ofwat. Criticism of water companies over pollution incidents and leaks has intensified, with calls for industry reform and renationalization being curtailed by costs. Despite water bill decreases over the last decade, a rise in investor payouts has stunted necessary infrastructure investments in the water sector.