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Water bills set for steep price hike after Ofwat review – how much will yours rise by?

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Average water bills in England and Wales will increase by …

Water Companies Cent Increase Customers Ofwat Per Cent

What do rising water bills mean for YOU? All your questions answered as average household set to pay an extra £31 per year

Daily Mail

Household water bills in England and Wales will increase by an average £31 a year over the next five years, regulator Ofwat announced today. Household water bills in England and Wales will increase by a total of £157 or 36 per cent over the next five years – an average £31 a year over that period. The Committee will hold …

Support England Wales Water Companies Pay Average

5 days, 3 hours ago

Thames Water slapped with £18m fine by Ofwat for dishing out 'unjustified' dividends

Daily Mail

Thames Water has been handed an £18.2million fine after regulator Ofwat used powers to crack down on firms paying 'unjustified' dividends for the first time. The regulator said Thames Water made interim dividend payouts totalling £37.5million to its holding company, Thames Water Utilities Holdings Limited, in October last year and further payouts of about £158.3million in March 2024. The ruling …

Company Thames Water Thames Ofwat Water Slapped

Water bills set to surge by 36%, regulator Ofwat says

The Independent

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Average water bills in England and Wales will increase by …

Increase Ofwat

Household water bills to rise by an average £31 a year from April

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Household water bills in England …

Water Companies Average Sign Increase Customers Water Companies

1 week ago

UK govt accused of breaking law by allowing sewage spills

Hindustan Times

The UK government and regulators broke the law by allowing water companies to dump raw sewage into tributaries even when it wasn’t raining, a public watchdog said Tuesday while threatening court action. Discharges of untreated waste into public waters in recent years triggered outrage among Britons and prompted citizen scientists to conduct their own testing regimes because they don’t trust …

Law Companies Defra Ofwat Sewage

1 week, 6 days ago

Thames Water boss defends bonuses and repeats calls for steep bills hikes

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Regulator Ofwat revealed in November that Thames Water was …

Water Company Sign Bills Thames Water Thames Weston

1 month ago

Water firms blocked from using billpayer cash for ‘unjustifiable’ bonuses

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Troubled Thames Water is among …

Water Companies Chief Bill Firms Bonuses Executive

1 month, 3 weeks ago

Polluting water companies to face lighter punishments despite public outrage

The Telegraph

Failing water companies face lighter punishments under a climbdown being prepared by the industry regulator, risking an increase in leakages, water supply interruptions, and pollution. Investors in Britain’s water sector have rounded on the watchdog, claiming its hardline stance risks deterring further foreign investment in the industry at a time when it is crying out for billions of pounds of …

Water Thames Water Companies Ofwat Lighter Punishments

1 month, 4 weeks ago

Thames Water: Why does the struggling water firm need emergency funding?

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Thames Water has said it …

Water Funding Debt Company Billion Sign Thames Water

2 months, 2 weeks ago

Water firms to return £158m to customers over leaks and pollution failings

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Water companies will have to …

Water Companies Million Sector Water Companies Ofwat

3 months, 2 weeks ago

Thames Water creditors seek peace deal to avoid threat of nationalisation

The Telegraph

Creditors to Thames Water are attempting to broker a peace deal between the beleaguered supplier and regulator Ofwat amid fears that a breakdown in relations between the two sides risks speeding up the company’s demise. Sources involved in attempts to stop Thames Water being nationalised are warning privately that it may prove impossible to draw up a rescue deal unless …

Thames Water Thames Ofwat

3 months, 3 weeks ago

What will it cost to finally clean up our water industry?

The Independent

These are only some of the problems facing the water industry – and a row has erupted about how much money will be needed to solve them. Water UK, the industry’s lobby group, is unhappy about Ofwat’s decision to allow average household bills to rise by £94 per household over the next five years. that its draft decision to cut …

Industry Water Water Companies Uk Ofwat Water Uk

4 months ago

Water suppliers brace for £2bn in sewage fines

The Telegraph

Britain’s troubled water sector is facing the threat of £2bn in penalties over the next five years, as regulator Ofwat attempts to crack down on sewage failings. A report by the ratings agency Moody’s has predicted that tougher rules on pollution will spark a flood of regulatory fines, burdening many businesses already struggling to stay afloat. In Moody’s latest assessment …

4 months, 2 weeks ago

Ofwat planning independent monitor for Thames Water after ratings downgrades

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Ofwat said on Wednesday that …

Independent Water Thames Water Monitor Thames Ofwat Independent Monitor

4 months, 2 weeks ago

British water firms fined for sewage pollution

China Daily

A van for the water treatment company Thames Water, is driven along a residential street in Guildford, southern England, Aug 6, 2024. Three major water utility companies in the United Kingdom face 168 million pounds in fines for numerous illegal sewage releases into rivers and coastal waters. Ofwat stated that the water companies "failed to ensure that discharges of untreated …

Water Companies Thames Water Ofwat Sewage

4 months, 2 weeks ago

Mapped: Sewage in English rivers as water companies face £168m in combined fines

The Independent

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Treatment Water Fine Email Fines Thames Water Thames

5 months ago

Every river in England is polluted, new Environment Secretary Steve Reed warns as he backs 'severe fines' for utilities illegally pumping sewage into lakes and waterways

Daily Mail

Every single river in England is polluted, the new Environment Secretary claimed today as he backed new 'severe fines' for water companies. He spoke out after regulator Ofwat last week revealed all 11 water firms in England and Wales are under scrutiny as part of a major investigation into sewage pollution in rivers. He spoke out after regulator Ofwat last …

England Water Rivers River Firms Steve Reed Severn Trent

5 months, 1 week ago

Thames Water Creditor Abrdn Sees Bond Losses of Up to 20%

Live Mint

-- One of Thames Water Ltd.’s key bondholders says a turnaround of the company envisioned by the government regulator has raised the likelihood of significant losses on its top-ranked securities. Luke Hickmore, investment director at Abrdn Investment Management Ltd., said it will be harder for the UK’s biggest water and sewage company to attract a new buyer without imposing losses …

Water Bloomberg Thames Water Thames Ofwat Sees Bond Hickmore

5 months, 1 week ago

Troubled Thames Water braces for enormous fines in latest Ofwat crackdown

The Telegraph

Thames Water is bracing for an avalanche of fresh fines running into the hundreds of millions of pounds as it battles to stave off emergency nationalisation. The Telegraph understands Thames is facing steep penalties from Ofwat, the industry regulator, for a catalogue of mistakes and scandals including unsanctioned dividend payments, sewage dumping, and missing basic performance targets. Ofwat is also …

Ofwat Crackdown Thames

5 months, 1 week ago

Fury as water bills are set to rise by £94 over next five years as regulator allow firms to hike prices by 21 per cent - so how much is your bill going up by?

Daily Mail

In 2023, there 3.6 million hours of sewage spills in England's rivers and seas Customers have been left outraged after water bill hikes were revealed today with prices set to soar by £94 in five years. Regulator Ofwat has allowed firms to increase bills by 21 per cent, amid public outrage over polluted water ways and 3.6 million hours worth …

England Water Companies Hike Five Years Set Customers

7 months, 3 weeks ago

Ofwat explores Thames Water break-up in ‘Project Telford’ rescue plan

The Telegraph

The water regulator is working on rescue plans for Thames Water that could see its sprawling operations dismantled and sold off as piecemeal to rival suppliers. Codenamed Project Telford, Ofwat has tasked a former private equity banker with overseeing its contingency plan for the utility giant, which is battling to stave off collapse under the weight of an £18bn debt …

Water Thames Water Thames Ofwat Project Telford

8 months ago

Thames Water seeks 45pc bill rise as it piles pressure on Ofwat

The Telegraph

It emerged on Monday that feared US hedge fund Elliott, owner of Waterstones, has been buying up debt in Thames Water in a bid to profit from its recent turmoil, the Financial Times reported. The need for increased revenues at Thames Water has been made increasingly acute after shareholders, such as China’s sovereign wealth fund, cut off funding last month. …

Water Bill Thames Water Thames Ofwat Seeks 45Pc

8 months, 3 weeks ago

Thames Water under threat of nationalisation as shareholders refuse to inject £500m lifeline

The Independent

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Thames Water’s sewage treatment works have come under scrutiny The …

Water Shareholders Regulatory Funding Company Plan Reuters

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Articles for Ofwat, search results for regulator

Water bills set for steep price hike after Ofwat review – how much will yours rise by?

What do rising water bills mean for YOU? All your questions answered as average household set to pay an extra £31 per year

Thames Water slapped with £18m fine by Ofwat for dishing out 'unjustified' dividends

Water bills set to surge by 36%, regulator Ofwat says

Household water bills to rise by an average £31 a year from April

UK govt accused of breaking law by allowing sewage spills

Thames Water boss defends bonuses and repeats calls for steep bills hikes

Water firms blocked from using billpayer cash for ‘unjustifiable’ bonuses

Polluting water companies to face lighter punishments despite public outrage

Thames Water: Why does the struggling water firm need emergency funding?

Water firms to return £158m to customers over leaks and pollution failings

Thames Water creditors seek peace deal to avoid threat of nationalisation

What will it cost to finally clean up our water industry?

Water suppliers brace for £2bn in sewage fines

Ofwat planning independent monitor for Thames Water after ratings downgrades

British water firms fined for sewage pollution

Mapped: Sewage in English rivers as water companies face £168m in combined fines

Every river in England is polluted, new Environment Secretary Steve Reed warns as he backs 'severe fines' for utilities illegally pumping sewage into lakes and waterways

Thames Water Creditor Abrdn Sees Bond Losses of Up to 20%

Troubled Thames Water braces for enormous fines in latest Ofwat crackdown

Fury as water bills are set to rise by £94 over next five years as regulator allow firms to hike prices by 21 per cent - so how much is your bill going up by?

Ofwat explores Thames Water break-up in ‘Project Telford’ rescue plan

Thames Water seeks 45pc bill rise as it piles pressure on Ofwat

Thames Water under threat of nationalisation as shareholders refuse to inject £500m lifeline