BUSINESSES in the area are being warned ahead of a hike in water charges and tighter distribution as Britain faces its worst drought since 1976.
The move comes from sustainability specialist, Ceram, which believes the looming shortages could force the introduction of a water trading scheme.
Under such a scheme, water use could be capped and manufacturers would have to buy unused quotas from other firms.
Joe Flanagan, sustainability principal at Ceram, believes the lack of rainfall in the area this winter will produce significant price rises for businesses.
He said: ‘Portsmouth firms need to think about this now rather than when they see costs going up.’
For advice reducing water use, see ceram.com