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Labour slams 10% rise in water bills by company that made nearly £100m in profit

MK Labour has today criticised Anglian Water for increasing local household’s water bills by over 10% – despite making immense profits and paying out £96.3m to private shareholders last year.

Anglian Water is one of the UK’s largest suppliers of water and sewage services, covering over 20% of the country’s land area including Milton Keynes.

In total they supply water to 110,000 businesses and over 2.5 million households – 117,000 of which are in the city.

And although they are one of the most profitable water companies in the UK, Anglian Water has decided to increase household water bills by an average of £47.77 in 23/24. This means an estimated £5.4m will be lost from households across the city.

The company last year paid their Chief Executive over £1m in pay and bonuses, and loses around 80 litres per day for every household through leaking pipes.

Anglian Water was also responsible for over 23,000 discharges of sewage into our rivers and waterways in 2021.

Councillor Pete Marland, Labour Leader of Milton Keynes City Council, has called out the private company increasing prices to line the pockets of fat cats and shareholders while local residents struggle with the cost-of-living crisis.

“Anglian Water made nearly £100m in profits last year, but they have still decided to increase water bills for every household. The increase, when they are still making massive payouts to their CEO and shareholders while losing so much water through their pipes and putting sewage into our rivers, is unjustified.

“We’re in a cost-of-living crisis where families are defaulting on their mortgages, skipping meals and unable to heat their homes. But we have no choice on where we get our water. It’s disgusting that Anglian Water sees this as an opportunity to capitalise on such a necessity. Our families deserve support through the toughest financial crisis in a generation, and not have their hard-earned money pulled from their pockets to go in the coffers of the world’s elite.”

MK Labour is now calling on the Government to clean up the water industry.

Labour’s Parliamentary Candidate for MK North, Chris Curtis, added:

“It's inexcusable for water companies and bosses to be pocketing millions of pounds during a cost-of-living crisis, particularly when they continue to dump sewage in our rivers and fail to fix leaky pipes.

"A Labour government would make sure water bosses that routinely break the rules are held accountable by striking off company directors and ensuring illegal activity is punished. We will also give the Environment Agency the power and resources to properly enforce the rules against dumping sewage in our rivers.”

The call comes as Anglian Water faces yet another high-profile court case for dumping untreated sewage into the River Great Ouse near Milton Keynes. Anglian was this month ordered to pay over £500,000 for pumping six million litres of pollution into the river by Brackley, which had a ‘substantial’ environmental impact and killed thousands of fish.


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