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Water bills set to surge by 36%, regulator Ofwat says
Trending News
4 days, 21 hours ago

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
Water companies ask to raise bills by even more than first planned
2 months ago

Water companies ask to raise bills by even more than first planned

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. The watchdog wrote: “We will consider this additional expenditure …

Water Companies Bills Water Companies Ofwat
Water firms to return £158m to customers over leaks and pollution failings
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
Southern Water rows back on plans to pay out £275m in dividends
2 months, 2 weeks ago

Southern Water rows back on plans to pay out £275m in dividends

The Telegraph  

Southern Water no longer plans to hand out £275m in dividends after claiming the payments are not “appropriate”. The reversal comes after Southern Water’s initial business plan, which is still available on its website, listed annual dividend payments between 2025 and 2030. “This is in addition to the £1.6bn already injected by shareholders since 2021 – more than any dividends …

Water Plan Southern Southern Water Ofwat Dividends
Water suppliers brace for £2bn in sewage fines
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 …

Thames Water Creditor Abrdn Sees Bond Losses of Up to 20%
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
Ofwat names four worst performing water firms as £1.4bn paid out to shareholders
1 year, 1 month ago

Ofwat names four worst performing water firms as £1.4bn paid out to shareholders

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 regulator Ofwat has named …

Financial Water Companies Thames Water Water Companies Ofwat Some Companies
Architect of water privatisation defends decision amid Thames Water turmoil
1 year, 5 months ago

Architect of water privatisation defends decision amid Thames Water turmoil

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 Lord Michael Howard, one of …

Water Debt Interest Rates Public Think Howard Thames Water
Water company faults should be the exception – not the norm
2 years, 4 months ago

Water company faults should be the exception – not the norm

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Since I …

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