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The Latest Breaking News on Droughts

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 ...

The National (Scotland)

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 Guardian - 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 Independent UK

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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 Guardian - 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 Independent UK

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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

The Guardian - UK

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

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

Cost of average UK Christmas dinner rises by 6.5%, says Kantar; Ashtead to move listing to US – as it happened

Christmas dinner for four costs £32.57 as price of turkey and vegetables rises; wider grocery inflation climbs to 2.6%

The Guardian - UK

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 Guardian - UK

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

The Guardian - UK

Cambridge water credits are a gift for developers

Letter: Cambridge councillor Jean Glasberg on how large-scale developments can be pushed through by the government in an area that’s the driest in the country

The Guardian - UK

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The National (Scotland)

Scottish Water launches £9 billion programme that 'could create 4000 jobs'

SCOTTISH Water has launched an enormous £9 billion procurement programme ...

The National (Scotland)

'First of its kind in Europe': Work completed on Scottish reservoir energy scheme

CONSTRUCTION of a “first of its kind in Europe” hydro energy scheme has been completed at a Scots reservoir, the country’s water service has…

The Guardian - UK

Water companies blocked from paying bonuses out of customer money

Regulator uses new powers to ensure investors pay at Thames, Yorkshire, and Dŵr Cymru Welsh Water

The Guardian - UK

Severn Trent’s profits triple as it fails drinking water risk rules

Half-year profits of £192m come despite being ‘in penalty’ over quality

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The Guardian - UK

Thames Water board split over two competing deals to save it from insolvency

Split comes despite chair’s preference for deal from group including US hedge funds Elliott Partners and Silver Point plus others

The Conversation

The lack of water in South Africa is the result of a long history of injustice – and legislation should start there

Water scarcity is a serious problem in many parts of the world. It adds to inequalities between communities and keeps historical injustices in place. One of the countries where this is an issue is South Africa. The country has a semi-arid climate, frequent droughts and relatively low average annual rainfall.…

The Independent UK

Thames Water creditors try to rally more investors for £1.5bn rescue funding

The water company’s lenders, including investment giants BlackRock, Abrdn and M&G, want more firms to take part in their rescue funding deal.

The Guardian - UK

Struggling Thames Water pushes for £3bn lifeline with cash due to run out in December

Fresh funds are ‘liquidity bridge’ to stabilise firm and give it time to secure long-term investment, says boss

Evening Standard

Thames Water reveals £3 billion emergency financing plan to keep it solvent until October 2025

Proposals could provide Thames with up to £3 billion of lifeline cash

The National (Scotland)

Nationalising water in England 'would cost £100bn and won't resolve issues'

THE UK and Welsh governments have announced the largest review of the water sector since privatisation – as the Environment Secretary claimed…

The Conversation

Zimbabwe’s water supply is in crisis: how political interference and underfunding did the damage

In Zimbabwe, control over water is supposed to be decentralised. In other words, the seven regions in the country have the authority to govern their own water resources in the way that best suits their needs.

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