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The Latest Breaking News on Droughts

Thames Water to add to debt mountain in bid for survival

Exclusive: Board to release turnaround proposals on Friday amid uncertainty over future of UK’s biggest and most heavily-indebted water firm

The Guardian - UK

Thames Water has six weeks to agree survival plan with Ofwat

While the company believes it has cash to last 15 months, it will have to move fast to stave off insolvency

The Guardian - UK

Thames Water is everyone’s problem and time is running out to fix it

Ailing water company hopes higher bills can save it, but that depends on Ofwat agreeing its salvage plans are workable

The Guardian - UK

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OPINION - The Standard View: Failing Thames Water has been rinsing us all

Thames Water, like other water companies, had no debt at the time of privatisation. But since 1989, these utility firms have borrowed vast sums to pay out more than £65 billion in dividends. Privatisation was of course supposed to drive investment. Instead it has fallen. Taxpayers and bill payers have been…

Evening Standard

Water levels dangerously low in major dams in South India: Data

Major reservoirs in southern India are dangerously low, with some filled to only 5%, raising concerns for water crisis.

The Hindu

‘Rapidly rising water scarcity is a reality in India and is expected to worsen in the coming year’

Bengaluru water crisis addressed by experts at national seminar, emphasizing collective responsibility for conservation and sustainability.

The Hindu

The fate of Thames Water hangs in the balance. So what are its options?

Troubled utilities firm at risk of running out of money by end of April or of cash crunch

The Guardian - UK

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Water storage in India’s key reservoirs is at 38% ahead of summer season

India's primary reservoirs have only 38% live storage capacity, leading to water shortages in cities like Bengaluru.

The Hindu

Thames Water accused of ‘misleading’ customers over level of debt payments

Britain’s biggest water company said just 3p in every pound that appeared on bills went to its lenders

The Guardian - UK

Ofwat accused of cover-up over dinners with water companies

Calls for inquiry after regulator failed to declare hospitality with those it holds to account over sewage spills

The Guardian - UK

Bitcoin surges through $60,000 in biggest monthly rally since late 2020 – as it happened

Cryptocurrency buoyed by flows into new ETFs that track the value of bitcoin

The Guardian - UK

'Hundreds of millions' to flow to states for basin deal

The Commonwealth will soon deliver large cheques to improve the health of the Murray-Darling Basin as one state sets its sights on private irrigators.

AAP

Water tanker prices breach ₹2,000 mark in some parts of Bengaluru

Bengaluru water crisis leads to soaring water tanker prices, reaching ₹2,500 for 12,000 litres in some areas.

The Hindu

Thames Water forecasts more leaks over next two years than predicted

Revision will pile further pressure on firm to invest in infrastructure amid anger over its sewage-dumping record

The Guardian - UK

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The Guardian - UK

Ofwat’s scheme to fine poorly performing companies ‘a gimmick’

Lib Dems dismiss plan saying water fines need to go to consumers rather than to the Treasury

The Guardian - UK

Water firms in England and Wales urged to invest profits in cutting bills

Suppliers expected to charge average 6% more from April despite public anger at underinvestment and sewage dumping

The Guardian - UK

Households across Reading left without water for three days after burst mains

Thames Water struggled to rebuild pressure to homes after an incident at Pangbourne treatment works

The Guardian - UK

Tide of disapproval awaits new round of UK water companies’ price rises

News of the increases, due by the end of the month, comes amid rising anger over companies’ environmental records

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The Guardian - UK

Country diary: A liquid landscape with a magnetic draw

Ouse Washes, the Fens: This vast area of flooded grassland defies clean definition, yet nature, and nature-watchers, keep coming back

The Guardian - AU

The Crunch: everything is expensive and why you shouldn’t use a pie chart

The five best charts from the fortnight including booming rooftop solar data and torrential rain in Australia

The National (Scotland)

Council to consider scrapping concrete flood defence scheme plans after backlash

A PETITION calling for a halt to a controversial flood defence scheme is to be considered by councillors after it reached nearly 4000 signatures.

The Guardian - UK

Water firms use up to 28% of bill payments to service debt in areas of England

As English water companies plan to hike bills, the Guardian reveals customers are paying a high price for combined debts of £60bn

The Guardian - UK

How much of your water bill is swallowed up by company debt? – interactive

Analysis shows that 28% of Thames’ customer bills were spent servicing debt, as the company lobbies for more

The Guardian - UK

How we calculated the proportion of revenue English water firms use to pay off debt

Finding out the percentage from consumer bills used to service debt is tricky. We worked with industry experts to shed light on the issue

The Independent UK

Why fixing leaks is a key focus for water utility companies – both now and in the future

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