Math on the Television

Last evening on UK’s Channel 4 news there was an alarming report about planned increases in charges by water companies to customers. Gosh, but they propose “9% increase from £345/year now to £375 by 2014”.

Isn’t that slightly over 1% per year? Isn’t that a reasonable plan? (Unless of course deflation occurs, but how can water companies or us know that?)

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