Ofwat's decision to reject Thames Waters' bid to increase prices by 8% is final, but Thames Water could appeal to the Competition Commission.
The company said: "We will review the decision carefully before deciding on our next steps."
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Accompanied by the Duke of Edinburgh, the Queen will attend the opening ceremony of the fifth session in the Holyrood chamber.
Ms Leadsom has received the backing of Ian Duncan Smith, the former work and pensions secretary.
The former shadow work and pensions secretary is considered a more viable candidate than Angela Eagle, a Labour source has told ITV News.