Jackie Baillie Scotland show pandemic 2020 Jackie Baillie Scotland

Scottish Water blasted over £391m 'cash stash' as price rises loom

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dailyrecord.co.uk

Jackie Baillie said: "This needs to be sorted and the Scottish Government must tell the water regulator to start properly looking after the financial interests of water customers and not to take more from them than is necessary."Scottish Water is responsible for delivering its service to domestic and business clients, but the Water Industry Commission for Scotland (WICS) sets the charges.According to the WICS, prices are set to increase by an average of 2% above inflation from 2021 over the next six years.Baillie has questioned the need for the rises, which she fears will hit low earners, after an inspection of Scottish Water accounts.The document stated that the closing cash balance forecast for last year was £70m, but in the end it came.

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