![Thames closer to end game as UK pays high price for failure of water industry oversight](https://cdn.newsserve.net/ONPglobe256.png)
Thames closer to end game as UK pays high price for failure of water industry oversight
Ofwat’s determination that customer bills must rise 21% on average to keep the water industry afloat amounts to an admission of a torrent of failures; of regulation, of foresight, and the management of regional monopolies that at times appear to be competing only to prove that the 35-year privatisation regime has been a mistake.
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