Yesterday I called AppleCare as the battery drain was so visible - it was losing battery at a rate of about 15% an hour and I am not into charging the Watch during the day.. it is ridiculous. The help desk person did admit she had also had the same issue with her own Watch and what she did was un-pair the iPhone Watch App and the Watch and then re-pair it. I did not relish this solution - its like the AppleCare computer solution where they suggest reinstalling the system and software to "cure" all ills and you think with 2 or 3 terabytes how long is this going to take?
However she assured me that her Watch had regained normal battery life. I was worried that I would lose all the health/exercise history - something that occurred once before when I had removed the pairing. In the afternoon I could see I would need to recharge the Watch before going out in the evening so I decided I would give the re-pairing a go. I was pleased it gave the option of "restore from a backup with a series of prior dates" and HOPED that it did not reinstall all the same issues. It took a while but I now have the re-paired Watch - the charging after this was strange.. it went from 10% to 31% quickly and then dropped back to 29% then 21% and it would have been half an hour before charging actually progressed. The charge to 100% took a very long time - about 2 hours and finished just before I went out. Everything including Health and Exercise items seemed to be okay and the stored data on the phone was okay... But Stockard Watch App which is a big favourite on the Watch because along with ApplePay, I never need to get my purse out for loyalty cards - Stocard just will not connect.. hopefully Stockard themselves will rectify that if others have to report that issue. I turned "General/Background Refresh" (something people here had suggested as a solution but I didn't find worked to improve battery life) back on and selected items like Activity, Alarms, Apple Store, Breathe, Calendar, Camera, Heart Rate, Maps, Messages, Phone, Settings, Wallet, Weather and Withings back on. Overnight I did the normal charging and the Watch was on my wrist at 7.30am. It is now 1.30pm and I have 76% - I've done an hour+ workout so I think the re-pairing has certainly worked to improve battery life and would suggested others do that too. Remember to do a backup in iTunes of your iPhone before starting the unpairing of the Watch.