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A squeeze on people's incomes due to frozen tax thresholds will continue until 2028, with the Tories and Labour confirming they wouldn't end the "stealth tax". Read this and the rest of today's consumer and personal finance news below, and leave your thoughts in the comments box.
Regulator understood to be looking at ‘recovery regime’ for Thames Water and others in sector
Nationalisation of the utility looks unlikely and there are signs regulator Ofwat is ready to compromise. But that may not be enough to avoid the most likely option, which neither Rishi Sunak nor Keir Starmer will relish dealing with after the election, Ian King explains.
Exclusive: Concerns over effect on UK’s finances lead officials to believe utility should be renationalised before general election
The UK’s biggest water supplier has 16 million households across London and the South East.