Thames Water considered a rise of 40% whilst its parent company is on the verge of liquidation. Southern Water requested Ofwat last October to increase its bill to consumers by 66% on top of the rise in inflation. In this month's Debt Talk podcast, Ripon Ray explored 'UK waters & our bills’. Eugenio Vaccari - Senior Lecturer from Royal Holloway, University of London , who researches sustainable restructuring procedures, explored the legal framework in which Thames Water and its parent company work and the potential challenges faced from the perspective of shareholders, government and sustainability of the water companies for the public interest. Andrew White - Senior leader for Social Policy of the C onsumer Council for Water which represents the interest of consumers in the water sector explained the impact of the rise in cost for vulnerable communities and explained that there is a genuine need to have a social tariff to support struggling consumers. He a
Monthly Debt News examines debts and the causes in Britain from various sources to simplify the debt sector. This month’s Debt News includes Halifax increasing mortgage rates, Thames Water warning of an increase in water bills, a housing association encouraging workers to take on debt, the court fined a driver for driving the wrong way, and a mother challenging an unfair penalty charge. You can catch up on bite-size debt states and monthly Debt Talk podcasts. ——————— Debt News ——————— Britain’s biggest mortgage lender Halifax among major banks to increase rates Britain’s biggest mortgage lender Halifax has become the latest brand to reveal it will increase mortgage rates this week, following a slew of other hikes earlier this week. More here: Lin k ——————— Thames Water warns of even bigger surge in bills under new plan Thames Water wants to bring bills up to at least £608 a year by 2030 - and possibly even higher More here: Link ——————— Housing association 'encouraging staf