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The Latest Breaking News on Droughts

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

From analysis to the latest developments in health,
read the most diverse news in one place.

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

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 Independent UK

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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 Guardian - 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

The Independent 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 Guardian - UK

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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

The Guardian - UK

Ofwat poised to refuse most suppliers’ requests for big price rises

Water watchdog decision on bills in England and Wales delayed until after election, as Thames crisis looms

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The Guardian - UK

Northumberland council criticised after latest drowning in River Tyne

Parents of boy who died in same stretch of water in 2022 say: ‘What have they been doing for the last two years?’

The Independent UK

Water investors have withdrawn billions from private companies, analyst claims

Shareholder investment in top 10 water and sewage firms has decreased by £5.5bn since privatisation. while dividend payments have increased to £72.8bn

The Guardian - UK

Thousands in Devon no longer have to boil drinking water, says supplier

But authorities say households in some areas need to continue safety measures amid waterborne parasitic disease

The Guardian - UK

Thames Water’s biggest investor cuts value of its stake to zero

Writedown by Canadian pension fund Omers highlights growing financial crisis at utilities firm

The Guardian - UK

‘Someone is going to die’: MPs warned of E coli risk to swimmers in English waters

Clean river campaigner says pollution poses threat as Labour MP calls for water industry to be taken into public ownership

Evening Standard

More than 30,000 properties without water three days after main burst in Sussex

Southern Water said in an update on Sunday it was ‘very sorry’ that people in St Leonards-on-Sea, Hastings, and in Westfield were still without water.

International Business Times

How UK's Biggest Water Supplier Sank Into Crisis

Thames Water, the UK's largest water supplier, has been ravaged since privatisation by soaring debts and chronic underinvestment, sinking into a deep financial crisis which has sparked bailout speculation.

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