Water Bills rise in price – I still think its cheap

Today, OFWAT (the government body that ensures the water companies in the UK are acting responsibly) announced that water bills will be rising across the UK. The news media all started saying how bad it was and that the water companies made 1.4 billion (or some such figure) and therefore didn’t need to raise the prices anyway. As is typical with the media when they report this type of story, they fail to mention half the relevant facts. So, lets go find them on the internet and come to our own conclusion (or at least, you’ll get to read my opinion).
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