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Story summary
- Environment Secretary Angela Eagle announced unprecedented government intervention in water bills and company investment.
- Eagle wrote to Ofwat and water CEOs demanding lower costs, leak repairs, and greater community input.
- This marks the first government interference in Ofwat’s five-year price review, which runs until 2029.
- The 2024 review approved a £104 bn modernisation programme that will raise average bills 36% by 2030.