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UNCOVERED: Ofwat - Caught on Camera

Welsh Water to pay out £44.7m over sewage spills after ‘serious’ failures

Ofwat said it had accepted the supplier’s redress package, which was first proposed in March, following consultation.

Evening Standard

Welsh Water to pay £44 million for ‘serious’ sewage spill failures

Ofwat said it had accepted the supplier’s redress package, which was first proposed in March, following consultation

The Independent UK

What does Andy Burnham mean by more ‘public control’ of water and energy? He is too vague

The Manchester mayor is tapping into deep public frustration over the water industry but at some stage he needs to say what he means

The Guardian - UK

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Thousands to face water supply issues over weekend

South East Water continued to ask customers to use water for essential uses only such as drinking, washing and cooking.

Evening Standard

Thames Water investors say temporary nationalisation would slow its recovery

Comments come after Andy Burnham says he would renationalise water and other businesses as PM

The Guardian - UK

King’s speech: much-needed water industry reforms do not go far enough

Water bills are rising, public anger over sewage pollution has not abated, and the government has now set out a major overhaul of water regulation in the king’s speech.

The Conversation

MPs accuse South East Water leaders of incompetence over repeated outages

Resignation of non-executive chair Chris Train announced after publication of damning Commons committee report

The Guardian - UK

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If you’re not Thames, the water looks lovely for investors

Share prices of United Utilities and Severn Trent show that investors seem keen to throw capital at the right firms

The Guardian - UK

FTSE 100 rallies as oil eases and Bank of England holds rates

The FTSE 100 closed up 165.71 points, or 1.6%, at 10,378.82.

Evening Standard

United Utilities unveils £800m share sale amid plans to bolster water network

The firm said the move will create another 4,000 jobs across its operations in the North West.

Evening Standard

South East Water boss tells MPs he ‘got it wrong’ in handling outages

Bosses of the company were grilled by MPs on Tuesday about their response to the recent supply interuptions in Kent and Sussex.

Evening Standard

Thames Water ‘close to deal that would spare it new Ofwat fines until 2030’

Offer reportedly put forward by creditors hoping to save struggling firm from being renationalised temporarily

The Guardian - UK

Investors tell Thames Water to ‘eat humble pie’ over failed takeover and open bids

CK Infrastructure says watchdog should intervene to let other firms bid after KKR pulled out

The Guardian - UK

Thames Water rescue deal talks rumble on interminably but its future remains unclear

As negotiations enter a ninth month, an outcome is thought to be weeks away and the devil is still in the detail

The Guardian - UK

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The Guardian - UK

Thames Water lenders float new £10bn rescue plan

Latest effort involves paying off fines worth hundreds of millions of pounds as part of bid to stave off financial collapse

The Independent UK

Thames Water creditors pledge £3.4bn of new equity in improved rescue bid

London & Valley Water has offered to inject £3.35 billion of new equity and up to £6.55 billion in new debt to rescue the troubled supplier.

The Guardian - UK

Who are the key figures in the sewage crisis, and where are they now?

With anger stoked by Channel 4’s drama Dirty Business, we look at what has happened to some of the main players

The Guardian - UK

Welsh Water to pay £44.7m after ‘unacceptable’ sewage works failings

Proposed package comes after regulator finds ‘serious and unacceptable breaches’ in how company operates

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The Independent UK

UK water firm to pay £44.7 million to sort out its sewage problems

IN FULL

Evening Standard

Welsh Water set to pay out £44.7m over sewage spills

Ofwat said it found “serious and unacceptable” breaches in Welsh Water’s sewage works systems and operations.

The Independent UK

Welsh Water to pay £44.7m over ‘serious and unacceptable’ sewage spills

Ofwat stated the supplier failed to adequately operate, maintain, and upgrade its wastewater network

The Independent UK

Five water firms prevented from increasing bills as much as they wanted

The water firms argued they wanted to hike bills after Ofwat’s decision left them unable to meet regulatory requirements

The Guardian - UK

Millions in England to pay higher water bills after suppliers appeal

Anglian, Southern, Wessex and South East allowed to raise charges more than originally permitted by watchdog

Evening Standard

Five water firms to hike customer bills by less than they wanted after ruling

Anglian Water, Northumbrian Water, South East Water, Southern Water and Wessex Water will be allowed an average increase of 2.2% in customer bills.

The Independent UK

Ofwat to fine South East Water £22 million for failures

IN FULL

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