UK Water Companies to Spend £10 Billion to Cut Sewage Spills
- Privatized industry plans to invest an additional £10 billion
- There will be ‘modest upward pressure’ on bills: Water UK
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UK water companies have apologized and laid out a multibillion-pound plan to curb sewage spillage into England’s rivers after months of public outcry, a move that’s likely to hurt customers’ pockets.
The companies that operate the privatized industry said they would spend an additional £10 billion ($12.4 billion) by the end of the decade on upgrades intended to cut overflows, calling it the “biggest modernization of sewers since the Victorian era.” That’s more than triple the £3.1 billion already earmarked from 2020 to 2025.