Welsh Water revealed that it has increased its profits and has taken in £77 million for the 2014-2015 business year. The company is planning on reinvesting that profit into its water network to deliver on its £1.7 billion investment from now through 2020. This news comes weeks after the company’s plan to cut 360 jobs over the next five years. For more on this story, please click here:: Welsh Water: £77m profit to reinvest in water network