Future Of British Business
Britain Faces a Giant Water Bill, And Nobody Wants to Pay It
The cost to fix the water industry is expected to run to hundreds of billions of pounds and is almost certain to fall on households.
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One fifth of all water supplies lost to leaks. Over 800 sewage spills on average every day in 2022. More than £60 billion ($76.4 billion) of debt built up by the water utilities. There is no shortage of numbers to help tell the story of Britain’s failing water industry. But there is only one that really matters: how much will it cost to fix the system.