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The Latest Breaking News on Droughts

Thames Water may get just £500m in usable cash by borrowing £1.5bn, court told

Struggling firm’s resources to be depleted due to expensive fees and interest costs in restructuring deal

The Guardian - UK

Thames Water may need £10bn investment to repair finances, high court hears

Struggling company may require significantly more resources than roughly £6.3bn it previously indicated

The Guardian - UK

Thames Water ‘putting gun to head’ of court over £3bn debt, investors claim

Water company argues that its favoured offer should be approved or it will face temporary nationalisation

The Guardian - UK

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Thames Water restructure plans a ‘bridge to nowhere’, MP’s barristers tell court

Barristers for Charlie Maynard, MP for Witney in Oxfordshire, told the High Court that plans to restructure the utility were a ‘poor short-term fix’.

The Independent UK

Thames Water running out of money ‘a risk which cannot be run’, High Court told

The High Court will consider whether to sanction plans to restructure the utility following a four-day hearing in London.

The Independent UK

Campaigners to use Thames Water high court case to push for temporary nationalisation

Judge to rule on utility’s plea for £3bn debt lifeline as MPs and charities say emergency loan too costly for customers

The Guardian - UK

Second union could go on strike at Scottish Water

A second union has announced its workers could go on strike at Scottish Water.

The National (Scotland)

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Millions of Londoners face staggering £200-plus rise in water bills this year

The 16 millions customers served by beleaguered Thames Water will see a 31% hike within weeks, with average annual bills soaring to £639

Evening Standard

United Utilities and South West Water hike dividends amid bill increases

The companies said they had agreed 32% and 23% bill increases negotiated with regulator Ofwat last year.

The Independent UK

Water industry promises £22bn of environmental investment, funded by rising bills

The Environment Agency has secured a commitment to carry out 24,000 actions over the next five years

The Guardian - UK

Scottish Water bills to rise in April amid 'more extreme' weather

Water bills in Scotland are to rise by 9.9 per cent in April, Scottish Water has announced.

The National (Scotland)

Thames Water rescuers seek clean break before committing fresh funds

Exclusive: Some bidders demand temporary renationalisation to help cut debts and oust bosses

The Guardian - UK

Ministers must hold the line on Thames Water. Administration is better than a bailout

It seems Thames is trying to scare the government into thinking the world will end if it falls into ‘special administration’

The Guardian - UK

Water sector says it has to ‘catch up’ with investment amid scrutiny over bills

Industry leaders faced questions from MPs over price hikes and environmental performance.

Evening Standard

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The Conversation

Canada’s water governance and management systems threaten the country’s water supply

Canadians are among some of the most water-rich people globally, with access to about 20 per cent of the world’s freshwater supply and seven per cent of the world’s renewable freshwater supply.

The Conversation

The UK is surprisingly short of water – but more reservoirs aren’t the answer

Despite its rainy reputation, the UK’s public water supplies are often threatened by drought and water scarcity. Shouldn’t the country do a better job of capturing and using all its rain?

The Guardian - UK

Water bills in England and Wales: how much more might you pay in your area?

The average bill is to rise by 36% over five years. Here’s what each firm will charge, and how they will spend the cash

The National (Scotland)

Water bills in England and Wales to see major price rises, watchdog confirms

PEOPLE'S water bills in England and Wales will increase by an average £31 per year for the next five years, regulator Ofwat has announced ...

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The Guardian - UK

Thames Water to pay £18m penalty after breaking dividend rules

Regulator says it will claw back £131m in ‘unjustified’ payments as it announces companies can increase bills by 36% by 2030

The Independent UK

Household water bills to rise by an average £31 a year from April

The increase is significantly higher than the expected average rise of around £20 a year per household.

The Guardian - UK

Average water bill in England and Wales to rise by 36% over five years

Firms accused of forcing households to pay for years of underinvestment after Ofwat agrees to increases to help fix sector

The Guardian - UK

Bank of England leaves UK interest rates on hold in 6-3 split, knocking pound – as it happened

Final UK interest rate decision of the year, as Spain’s Navantia agrees a deal to purchase Harland & Wolff’s four shipyards

The Guardian - UK

Thames Water to get green light to hike bills by more than a third by 2030

Exclusive: Long-awaited decision by water regulator Ofwat falls short of utility’s requested 59% rise

The Independent UK

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 Guardian - UK

Thames Water wins court approval to secure ‘critical’ £3bn cash lifeline

Decision came after protesters called on judges to block a financial bailout they say will cost customers £250 a year

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