The average bill is to rise by 36% over five years. Here’s what each firm will charge, and how they will spend the cash

• Average water bill in England and Wales to rise by 36% over five years

Water bills in England and Wales will soar by 36% over the next five years after the regulator increased the amount they are allowed to charge.

Ofwat said that average bills will rise by £31 a year over the next five years, hitting £597 by 2030, before inflation is added. That money will be used by regional monopoly suppliers to operate the water system and invest in upgrades – as well as to provide a financial return for investors.