Why are water bills set for a hike? Sky's Paul Kelso explains

This week the water regulator will issue its final verdict on how much water companies will be able to raise their bills for the next five years, including the beleaguered provider Thames Water. In the summer Ofwat said it would allow for a 21% rise, while the water companies have since asked for a 41% rise. Sky's business correspondent Paul Kelso explains why customer bills are set for a hike. Read more: https://news.sky.com/story/five-charts-that-explain-why-water-bills-are-about-to-go-up-13274678 #skynews #uk #waterbills SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales