United Utilities just hiked your bills—and saw a 131% profit surge

United Utilities just hiked your bills—and saw a 131% profit surge

United Utilities has reported a 131% increase in profit for the six months ending on 30 September. That follows ‘regulator’ Ofwat approving a five year plan to raise people’s bills in the North West by 32%, starting April 2025. United Utilities—Profit over investment Chief executive Louise Beardmore, who is paid £840,000 every year, claimed the bill rise would fund the largest investment in water and wastewater infrastructure in over 100 years Y…