Water bills in England and Wales are set to increase by 36% over the next five years, with an average additional cost of £31 per year for households, although this will vary depending on the provider. This rise is higher than the expected 21% outlined in July, and is intended to fund a £104 billion upgrade in the water sector for customer and environmental improvements. Ofwat has emphasized the need for companies to improve their culture and performance alongside the investment, with Southern Water customers facing the largest increase at 53% and Wessex Water customers experiencing the lowest at 21%.
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Von der Leyen tells Xi EU-China ties are at ‘inflection point’
European Commission President Ursula von der Leyen and European Council President António Costa conveyed to Chinese leader Xi Jinping that EU-China relations are at an "inflection point" due to trade imbalances and China's support for Russia amid the Ukraine war. Both sides emphasized the need for mutual solutions to longstanding issues as the summit marks 50 years of EU-China relations, overshadowed by tensions over trade and geopolitical concerns. Want More Context? 🔎
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