Thames Water is seeking another increase in household water costs in the UK to fund a reservoir project in south-east England. After being approved to raise the bill by about one-third, the troubled utility once again filed a price increase application with the regulator Ofwat. Despite criticism from local residents, Times Water said it still needed additional funding to build a £2.4 billion reservoir and a water recycling plant.

Thames Water is seeking another increase in household water costs in the UK to fund a reservoir project in south-east England. After being approved to raise the bill by about one-third, the troubled utility once again filed a price increase application with the regulator Ofwat. Despite criticism from local residents, Times Water said it still needed additional funding to build a £2.4 billion reservoir and a water recycling plant.