Stop water rate hikes — hold investors & Directors accountable

21
signatures
rejected

Background

Require water firms not to raise household bills until infrastructure is delivered. Limit dividends and executive pay via new OFWAT powers. Investors and shareholders NOT CONSUMERS must fund upgrades or issue equity

Additional details

Water companies successfully appealed and forced extra price hikes, despite OFWATS 2025-30 tariff limits. The CMA has provisionally approved average additional rises, granting £556 million more in revenue. From CUSTOMERS, not the shareholders. This gives companies further power to burden customers rather than shareholders. Failing water companies should be allowed to fail and be brought into public ownership. Shareholders must be held to account, not households. Enough is Enough

Source: UK Government & Parliament Petitions service. Petition ID: 746271.