Thames Water appeals against limit on bill rises for customers

Thames Water has launched an appeal to allow it to increase its bills by more than the regulator will allow it.The UK's largest utility company is calling on the UK competition regulator to overturn a decision from the regulator, Ofwat, which caps bill rises at 35% over the next five years.Thames, which is in severe financial difficulties already, is also waiting for the courts to approve a £3bn rescue from…