OFWAT heed Labour’s call to reject Thames Water’s bid to hike water bills by 8%

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Labour politicians today welcomed the decision by the water regulator OFWAT to reject Thames Water’s application to hike Tower Hamlets’ water bills by 8% next year. Tower Hamlets Labour has been campaigning for OFWAT to reject the application because local residents simply cannot afford it in the middle of a cost-of-living crisis.

Leader of the Labour Group, Cllr Sirajul Islam, said:

“It is great news for residents in Tower Hamlets that thanks to our campaign, their water bills will not be skyrocketing next year.

“There is a cost of living crisis across Tower Hamlets and any increase to water bills would simply squeeze household budgets further leaving even more people struggling to make ends meet.

“Whilst I am glad we have been able to make this difference, we need action from the Government to bring down the cost of housing, transport and energy bills.”

Sadiq Khan MP, Shadow London Minister said:

“I am absolutely delighted that OFWAT have sided with ordinary Londoners and rejected yet another inflation-busting hike to water bills. Labour has been campaigning hard on this issue and this is a great example of what it’s possible to achieve when we stand up to monopolies and broken markets.”

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