Another water company announces increased profits

Sutton & East Surrey Water yesterday announced annual profits increased from £5.3 million to £6.4 million. The company is owned by Deutsche Bank and currently has an order for non-essential water use in place. This profit increase follows an average bill rise of 16% since April.

Sutton & East Surrey Water yesterday announced annual profits increased from £5.3 million to £6.4 million. The company is owned by Deutsche Bank and currently has an order for non-essential water use in place. This profit increase follows an average bill rise of 16% since April.

Andrew Marsh of the Consumer Council for Water said “Customers are, in a sense, paying more and getting less”.

Read the full story at the Telegraph and debate Sutton & East Surrey Water here.

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