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The Latest Breaking News on Droughts

Thames Water says without steep bill increase it’s ‘neither financeable nor investible’

Debt-laden company tells Ofwat if it cannot charge customers 59% more, it ‘would prevent company turnaround and recovery’

The Guardian - UK

UK water companies to warn bill cap will drive away investors for overhaul

Ofwat’s tighter spending targets would ‘hamper sector’s ability to deliver improvements’, study will say

The Guardian - UK

Paisley Abbey awarded 'much needed' grant funding to fight against water damage

A SCOTTISH heritage site has received "much-needed" grant funding to fight water damage ...

The National (Scotland)

From analysis to the latest developments in health,
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Compensation for water customers in England and Wales to double

Government sets out measures to help households and businesses as it cracks down on failing utilities firms

The Guardian - UK

How will we solve the world’s water wars? An ancient Spanish court offers one answer

From Los Angeles to Cairo, the global water crisis is escalating – but Valencia’s Tribunal de les Aigües could inspire a solution, says author Roman Krznaric

The Guardian - UK

Thames Water breaches licence as part of its debt downgraded to junk

Move by ratings company Moody’s puts Thames in breach its operating licence but Ofwat likely to hold off on large fine

The Guardian - UK

Yorkshire Water bosses get hefty bonuses after company failed customers

CEO and CFO given total of £616,000 for a year in which some residents struggled to go about daily lives

The Guardian - UK

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Thames Water slapped with £500,000 in fines over 320 late-finishing roadworks

More than 320 Thames Water roadworks took longer than agreed in just over two years

Evening Standard

Southern Water boss handed £183,000 bonus despite huge rise in bills

Award for Lawrence Gosden comes after criticism of business plan and attempts to increase bills by 73%

The Guardian - UK

Thames Water hit with £39m of penalties after missing regulatory targets

Performance report shows debt-laden company missed 21 targets in areas from pollution to supply interruption

The Guardian - UK

Ofwat accused of showing ‘contempt’ to customers over water bill price rises

Politicians and campaigners condemn charging proposals, as regulator puts Thames Water into special measures

The Guardian - UK

Water bills in England and Wales: how much more might you be paying?

The regulator is allowing different companies to put up prices by different amounts. Here’s what it will mean in your area

The Guardian - UK

Water bills increase announced as some set to pay hundreds more – check the rise in your area

Some customers could face bills of over £600 a year by 2029 – check how your area is affected

The Independent UK

Thames Water placed in special measures due to ‘significant issues’

Ofwat says UK’s biggest water company will come under extra scrutiny as it faces prospect of restructuring or temporary renationalisation

The Guardian - UK

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The Independent UK

Water bills to rise by average of £94 over next five years in England and Wales

However, some regions will see greater increases – with Southern Water bills rising by £183, or 44 per cent

The Guardian - UK

Environment secretary says water bill rises ‘result of years of failure,’ utilities sign up to reforms – as it happened

Clean water campaigner Feargal Sharkey accuses Ofwat of ‘utter disregard for customers and environment;’ US inflation falls more than expected to 3%

The Guardian - UK

Do not let Thames Water’s bondholders wriggle off the hook

Nils Pratley: Bondholders are hoping to escape intact if Ofwat is sufficiently generous with its increases in bills

The Independent UK

Thames Water pays out £158m to shareholders despite £15bn debt and sewage leak failings

Thames Water says it has cash to last until May 2025 and if it fails to find investment, Sir Keir Starmer will face a decision on measures that would effectively see it nationalised

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The Guardian - UK

Thames Water to tap investors for funds as it will run out of cash by next June

Company is laden with £15.2bn of debt, up £1.3bn on the previous year, most of which could be added to the public purse

The Guardian - UK

Poor state of Thames Water a ‘critical risk’ to UK, Starmer and Reeves told

Exclusive: Whitehall warns firm’s deteriorating infrastructure and £15.6bn debt pose urgent problem

The Guardian - UK

Thames Water accused of ‘chicanery’ over £150m dividend payment

Debt-laden utility urged to show greater transparency as it faces investigation by industry regulator Ofwat

The Guardian - UK

Thames Water board approved £150m payout hours before funding U-turn

Exclusive: Ofwat to investigate circumstances around payment of dividend to intermediate parent company

The Independent UK

South West Water hands boss huge pay hike despite pollution soaring

The pay details come as the group also revealed that pollution incidents at South West Water soared by 80% in 2023

The Guardian - UK

Ofwat considers cutting sewage fines for financially struggling water firms

Regulator understood to be looking at ‘recovery regime’ for Thames Water and others in sector

The Independent UK

Water watchdog to refuse suppliers’ requests to increase prices

Thames Water requested a bill increase of up to 59 per cent as it faces £15billion of debt, according to reports

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