UK borrowing costs climb ahead of the budget; Water companies to pay £157.6m penalty for poor performance – business live
Rolling coverage of the latest economic and financial news Here are the key points from Ofwat’s annual report on the English and Welsh water sector: Poor performance costs water sector £157.6m this year as companies fall further behind on some key Ofwat targets Customers’ bills will be reduced to reflect these performance penalties in 2025-26,…