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UK Water Gets £3.4B Upgrade | Europe News

UK Water Gets £3.4B Upgrade | Europe News

Published 2 weeks, 3 days ago
Description

UK water regulator Ofwat has approved £3.4 billion in funding for 13 major water companies to upgrade aging pipes, build new infrastructure, and meet rising demand from housing and booming data centers—spreading over 2027–2030. Big players like Thames Water and Severn Trent will recoup costs via customer bills, while the push also targets improved drinking water quality and tackling PFAS “forever chemicals.” Not all bids hit the mark—United Utilities got £995 million instead of its requested £1.1 billion. With final decisions due in December, this is a proactive move to future-proof Britain’s water systems ahead of the next regulatory review in 2029.

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