Water companies plan £96bn investment by 2030

Water companies plan £96bn investment by 2030

Water companies in England and Wales are planning to splash £96bn on infrastructure upgrades between 2025 and 2030 – their largest-ever investment in a five-year cycle. The proposals unveiled include building 10 new reservoirs, reducing leakage by a quarter from 2020 levels and installing technology at sewage works to remove more than a million tonnes of phosphorus from rivers. The scheme also commits £11bn towards reducing overflow spills, a plan described by trade association Water UK as “the most ambitious modernisation of sewers since the Victorian era.”

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