United Utilities Group PLC - Warrington, England-based water and wastewater services - Submits response to the draft determination of the UK water industry regulator for the April 2025 to March 2030 period. Back in July, the Water Services Regulatory Authority, know as Ofwat, issued its draft determination on investment and customer bills for the upcoming regulatory period. It said household water bills will increase on average by £19 annually in England and Wales, in addition to inflation, over the next five years. This is to allow water utilities to invest £88 billion to reduce pollution and provide better service to customers. United Utilities on Wednesday doesn’t disclose the contents of its response but says it is ‘an important step in the regulatory framework’. ‘We look forward to continued constructive dialogue as we approach the final determination’ on December 19, United Utilities adds.

Current stock price: 1,001.50 pence, up 0.4% on Wednesday morning in London

12-month change: up 6.5%

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