Watchdog slaps sixth water firm with enforcement case over sewage dumping June 28, 2022 South West Water is the latest supplier in Ofwat's crosshairs, with the watchdog announcing an enforcement case against the company.
Thames Water taps shareholders for £1.5bn boost to shake-up plans after sewage scandal June 30, 2022 Thames Water shareholders could have to cough up as much as £1.5bn to accelerate the shake-up of the scandal-hit business.
Hosepipe ban across London and south England expected within weeks, reveals Thames Water August 9, 2022 Thames Water plans to bring in a hosepipe ban in the coming weeks, amid the prospect of another heatwave this month.
Water industry pledges to invest its way out of sewage crisis despite missing spending targets last year February 13, 2023 The government must hold firm with plans to clamp down on sewage spills in the water industry, warns a leading environmental group.
Ofwat and the Environment Agency must have the willpower to fix the water industry March 20, 2023 The heads of both leading watchdogs for the water industry were grilled in Parliament last week by MPs, amid concerns over sewage leaks.
Ofwat clamps down on water companies with proposals to regulate dividends July 28, 2022 Water companies could be prevented from making dividend payments if their financial resilience is at risk, in new reforms pushed by Ofwat.
Striving for success in 2023? Turn to your partners to find the right balance March 6, 2023 2022 showed us just how much can change in a year. We saw UK businesses emerge from the grips of the pandemic with a sense of cautious optimism. It even seemed like normal service might finally resume. The battle for talent got more competitive as employees made their new working expectations clear. ESG commitments moved [...]
UK faces £100bn bill to fix water system, warns watchdog chief October 11, 2022 It would cost hundreds of billions of pounds to develop a modern water system, warned the chief executive of the Environment Agency.
Water industry hits back at Ofwat over price determinations February 14, 2020 Two more water companies have referred Ofwat to the Competition and Markets Authority (CMA) today over its five-year financial plan for the sector, after Yorkshire Water did so on Monday. Both Anglian and Northumbrian Water have referred the regulator’s price determinations, with the latter claiming that the plan runs “contrary to the long term best [...]
Water bills: CMA settles long-running price controls dispute March 17, 2021 The Competition and Markets Authority (CMA) today published its findings on the price controls for four water companies for 2020-2025. The group set a headline rate of return to investors of 3.2 per cent compared with 4.6 per cent in the previous price control period. It said the return is the minimum that is sufficient [...]