Thames Water’s biggest investor slashed stake in troubled utility firm by £300m July 18, 2023 Thames Water’s biggest investor significantly cut the size of its stake last year, renewing concerns over its financial stability.
Ultra-high food prices here to stay as Russia exits Black Sea grain deal with Ukraine July 17, 2023 Soaring food costs may not fall as quickly as markets had hoped, retail and pub industries have warned amid a Russian supply squeeze.
Black Sea grain deal to expire Monday if Russia quits July 17, 2023 A pact that has allowed the safe Black Sea export of grain from Ukraine for the past year will expire at the end of Monday.
South East Water: Heatwave last year caused £74m loss as industry debts rise July 17, 2023 South East Water posted hefty losses last year, worsened by a record-breaking heatwave which has racked up costs for sourcing new supplies.
Just one water supplier holds top rating for environmental performance July 13, 2023 Only one water supplier has a maximum rating for its environmental performance, according to the government's latest industry review.
Thames Water: Ofwat boss refuses to apologise for water industry debt crisis July 13, 2023 Ofwat’s former boss refused to apologise for allowing the water industry to rack up an eye-watering £65bn debt mountain.
Ofwat chiefs prepared to nationalise Thames Water if supplier collapses July 12, 2023 Ofwat is prepared to place Thames Water under protective measures which would effectively nationalise the company if the supplier collapses.
Customers will be hit with higher bills to help Thames Water, interim boss admits July 12, 2023 Customers will have to foot the bill for improving Thames Water's creaking infrastructure and poor operational performance.
‘Polluters must pay’: Therese Coffey announces unlimited fines for environmental damage July 12, 2023 Environmental polluters face the prospect of unlimited fines penalties, the government has confirmed in its latest clampdown.
Thames Water hangs on, but its future, and the health of our waterways, remains unclear July 10, 2023 Thames Water’s reprieve this morning may have refreshed the company’s coffers, but the firm remains parched of funding for its future ambitions.