Jun 21, 2022
Anglian Water pays £92mn dividend to owners as customer bills rise
Anglian Water, one of the UK's largest suppliers of water and sewerage services, is paying a £92mn dividend to its owners despite rising customer bills and sewage and pollution failures. Anglian is Britain's largest privatised water company by geography, servicing 7mn customers across 13 counties stretching from Lincolnshire to Essex. Anglian Water said its £6bn investment plan for 2020-2025 was its "Biggest ever". Anglian Water said it had reduced gearing from 82 per cent to 65 per cent in the year to March 31. At a time when many people are struggling with the cost of living, we are being forced to pay for these fat-cat dividends and salaries through our water bills.
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