Thames Water edges closer to nationalisation amid minister’s concerns over rescue deal Environment secretary Emma Reynolds is understood to be concerned the deal places an ‘undue’ burden on taxpayers The Independent UK · Jun 16
Thames Water rescue in doubt as Government ‘raises objections over deal’ Emma Reynolds is said to have written to Ofwat warning the current bid tabled by Thames Water creditors would place an ‘undue burden’ on customers. Evening Standard · Jun 16
Thames Water nationalisation moves closer as government objects to rescue deal Environment secretary raises concerns that customers would face ‘undue burden’ from £10bn plan The Guardian - UK · Jun 16
Millions missing out on utility bill support worth up to £900 – here’s how to claim Debt to water, energy and broadband firms has reached more than £7 billion The Independent UK · Jun 11
South West Water owner admits firm must ‘learn lessons’ from parasite outbreak Residents and businesses were left without water after cryptosporidium contamination in its water supply The Independent UK · Jun 10
Millions unaware of available support with household bills as debt soars – NAO The watchdog said Ofgem, Ofwat and Ofcom must strengthen support for consumers in vulnerable circumstances. Evening Standard · Jun 9
Warning millions of UK households missing out on energy bill support as debt climbs to £7bn Watchdog says household energy debt has risen 118% since start of Ukraine war The Independent UK · Jun 9
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 · Jun 5
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 · Jun 5
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 · Jun 3
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 · May 29
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 · May 17
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 · May 13
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 · Apr 30
The Guardian - UK · Apr 30 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
Evening Standard · Apr 30 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 · Apr 30 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 · Apr 14 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.
The Guardian - UK · Apr 2 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 · Mar 31 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 · Mar 16 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 · Mar 16 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 · Mar 16 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 · Mar 13 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 · Mar 12 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