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Regulator Orders England And Wales Water Companies To Cut Charges To Customers

LONDON

Water firms in England and Wales have been told to cut bills for the average household by £50 - or 12 per cent - over the next five years by the regulator Ofwat. In a report published on Monday, Ofwat said the average bill will fall by 12 per cent before inflation as part of a price review conducted every five years. The specific reduction in bills depends on which company a home-owner is with.

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