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UK water firms need to significantly increase infrastructure investment

New research report commissioned by the UK water industry says that UK water companies will need to significantly increase infrastructure investment - with significant implications for customers' bills.

The report is warning that the estimated effect the additional investment will have on bills will be an additional 0.7% increase year-on-year to 2050.

The report by UK Water Industry Research (UKWIR) is the outcome of UKWIR’s ‘Long Term Investment in Infrastructure’ project which began in May 2016 with the aim of presenting a body of evidence for the long-term infrastructure needs of the UK water industry.

The report, which is to be published in June by UKWIR, will show that UK water companies need to significantly increase levels of expenditure in infrastructure, both in the medium and long-term if current service standards are to be maintained.

Without increased expenditure in infrastructure the 350,000km of water mains and 625,000km of sewers in the UK will begin to fail more often, the research shows.

For more information about this report at www.waterbriefing.org please see here.

More information about UKWIR publications can be found here.