Water companies are 'laying the groundwork' to appeal against Ofwat's bill cap increase, says Moody's
Water companies are “laying the groundwork” to appeal Ofwat's decision to limit how much customers' bills can rise, according to a major credit rating agency. Moody's said in a report on the water industry that it expected companies to take the water regulator's final decision on bill increases to the competition watchdog for reconsideration if … Read more