Households set to learn water bills to rise by at least 20% over next five years Bill rises will begin to take effect from April next year. The Independent UK · Dec 18, 2024
Thames Water could run out of cash by March next year, High Court told Thames Water, England’s biggest water company, will run out of money by March if restructuring plans are not approved Evening Standard · Dec 17, 2024
Creditors in High Court row over Thames Water restructuring plans Thames Water, England’s biggest water company, will run out of money by March if restructuring plans are not approved. The Independent UK · Dec 17, 2024
Watchdog warns Defra and Ofwat they could face court over sewage dumping Environment Agency also served notice after investigation found failures to comply with law The Guardian - UK · Dec 17, 2024
Government breached environmental rules over sewage overflows, watchdog finds The Environment Department and regulators have two months to confirm they will take required steps to remedy the situation – or face court. The Independent UK · Dec 17, 2024
Government breached law by allowing water firms to discharge sewage, watchdog finds The regulator has sent a notice to each of the authorities setting out steps it wants to see taken to put the situation right The Independent UK · Dec 17, 2024
Customer compensation for water supply problems to increase from next year Customers who suffer problems like low water pressure could receive payments of up to £250 – compared to the £25 currently available, Defra said. The Independent UK · Dec 17, 2024
Swimming status of Ilkley’s River Wharfe in limbo over sewage pollution Stretch of river in West Yorkshire was first to get bathing status in 2020 but has since recorded poor water quality The Guardian - UK · Dec 16, 2024
Households ‘to be hit with hike in water bills of at least 20 per cent’ sparking backlash Environment secretary argues increase needed to fix UK’s sewage system ‘broken’ by Tories The Independent UK · Dec 15, 2024
Water companies urged to step up help on bills for vulnerable customers Regulator poised to reveal steep price rises as campaigners in England and Wales fear water will become unaffordable The Guardian - UK · Dec 15, 2024
Public anger over water bill rises is justified, says UK environment secretary ‘Complete reset’ of water industry needed in face of poor service, pollution and leaks, says Steve Reed The Guardian - UK · Dec 15, 2024
Thames Water boss defends bonuses and repeats calls for steep bills hikes Chris Weston’s comments come ahead of a crunch Ofwat decision next week on whether Thames Water can increase consumer bills by 59%. The Independent UK · Dec 10, 2024
Thames Water boss defends six-figure bonuses and pushes for steep bills hikes Chris Weston’s comments come ahead of a crunch Ofwat decision next week on whether Thames Water can increase consumer bills by 59% Evening Standard · Dec 10, 2024
Thames Water debt hits £15.8bn but boss hails turnaround progress The crisis-hit utility reported a jump in pollution incidents and said a ruling by Ofwat later this month will be fundamental to its future Evening Standard · Dec 10, 2024
The Guardian - UK · Dec 10, 2024 Thames Water will run out of cash by March without £3bn emergency funding Britain’s biggest water supplier reports 40% increase in pollution incidents, blaming a wet spring and summer
The Independent UK · Dec 10, 2024 Thames Water reports 40% rise in pollution incidents as debts swell The company blamed an especially wet spring and summer as it reported 359 pollution incidents during the period.
The Guardian - UK · Dec 6, 2024 Struggling Thames Water receives £5bn buyout offer from Covalis Deal would result in France’s Suez Group being brought in to manage restructure of water company
Evening Standard · Dec 6, 2024 Thames Water receives buyout offer from investment group Covalis Capital The plans would see French water firm Suez brought in to help run the company while Covalis breaks Thames Water up into smaller chunks.
Evening Standard · Dec 4, 2024 Investors line up ahead of Thames Water deadline for £3.3bn equity raise Castle Water is said to be among those planning to put in potential bids for an equity cash injection into Thames Water.
The Guardian - UK · Dec 3, 2024 Water firms push for higher shareholder returns as Ofwat considers bills increase Companies say higher returns are needed to ensure record infrastructure investment across industry is delivered
Evening Standard · Nov 27, 2024 Too many households let down and abandoned after sewer floods – report Some customers had to clean up sewage themselves, with compensation often not covering the costs according to Ofwat and the CCW.
The Guardian - UK · Nov 26, 2024 Water companies in England ‘using loopholes’ to avoid paying for outages Ofwat CEO says rules must be changed so that customers left without water get compensation automatically
Evening Standard · Nov 26, 2024 Ofwat boss denies failing to regulate water firms despite huge debts David Black said water companies need to make ‘changes across the board’ but he ‘wouldn’t agree’ that regulators have failed.
The Guardian - UK · Nov 21, 2024 Water watchdog is chasing its tail on executive bonuses Ofwat hasn’t stopped recipients getting their bonuses but its increased powers in other areas are meaningful
Evening Standard · Nov 21, 2024 Which water companies are in financial trouble – and which paid out bonuses? As regulators try to clamp down on water company bonuses, the PA news agency breaks down what is going on at each firm around the country.