Get all your news in one place.

100's of premium titles.
One app.

Start reading

Get all your news in one place.

100's of premium titles. One news app.

Start reading

The Latest Breaking News from Ofwat

Paying the price of water companies’ failures

Letters: Bill Kingdom on the two halves of the water privatisation story, and Chris Bolt on Ofwat’s water price review

The Guardian - UK · Jul 14, 2024

Thames Water owner to liquidate solar energy subsidiary amid debt crisis

Exclusive: solar developer Trinzic to voluntarily shut down as holding company seeks to recoup more than £25m

The Guardian - UK · Jul 14, 2024

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 · Jul 12, 2024

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

Friday briefing: What the crisis at Thames Water means for customers

In today’s newsletter: The UK’s biggest water company has faced fierce criticism after presiding over rising water bills and a sewage crisis – and now customers are facing a 22% increase in bills

The Guardian - UK · Jul 12, 2024

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 · Jul 11, 2024

The best long-term plan for Thames Water is to get it back on the stock market

The discipline of being a listed company should mean an end to the days of ultra-high leverage and opaque corporate structures

The Guardian - UK · Jul 11, 2024

Water bills to rise by an average of £94 over 5 years - this is how your region will be affected

Everything you need to know about Ofwat's proposed water bill increases

Ideal Home · Jul 11, 2024

Read news from The Economist, FT, and more,
with one subscription

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 · Jul 11, 2024

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 · Jul 11, 2024

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 · Jul 11, 2024

Rise of £94 in water bills over five years is ‘bitter pill’, says chancellor

Customers in England and Wales to pay an extra £19 each year on average as firms raise money to tackle sewage and leaky pipes

The Guardian - UK · Jul 11, 2024

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 · Jul 11, 2024

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 · Jul 11, 2024

Thames Water bills to shoot up by almost £100 over the next five years

The company has warned that it could run out of money by next May if it is not allowed to put up bills by 59%

Evening Standard · Jul 11, 2024

Get all your
news in one place.

100's of premium titles.
One news app.

The Guardian - UK · Jul 10, 2024

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 · Jul 10, 2024

Thames Water fails to complete 108 upgrades to ageing sewage works

Exclusive: Fears customers will end up paying twice for work needed in order to comply with legal pollution limits

The Guardian - UK · Jul 10, 2024

Cheap sales, debt and foreign takeovers: how privatisation changed the water industry

Familiar concerns over bosses’ pay, prices and borrowing emerged in the utilities’ early years in private hands, with UK dubbed the ‘dirty man of Europe’

The Guardian - UK · Jul 9, 2024

Rise in sewage pollution from Thames Water’s ageing treatment works

Incidents from sites and pipe network increased by 19 last year to 350 amid delays in investment, company says

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK · Jul 9, 2024

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 Guardian - UK · Jul 9, 2024

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 · Jul 8, 2024

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 · Jul 8, 2024

Keir Starmer urged to act on water bill rises in England and Wales

Stephen Fry and other celebrities join unions and activists in calling on PM to launch review of water ownership

The Conversation · Jul 5, 2024

The six most urgent problems facing the UK that Starmer’s new government needs to fix

Keir Starmer’s Labour party has won the UK general election in a landslide. Its huge majority should, in theory, give Starmer the clout to see through most of his political agenda. But in reality, the victory celebrations might prove short-lived, given the size of the challenges in front of him.

The Conversation · Jul 2, 2024

Renationalising water could fix sewage crisis – but no major party will do it

Privatised water companies discharged raw sewage into rivers and the sea around England and Wales for 3.6 million hours in 2023 – double the previous year’s total. For a sense of how bad the problem is today, check this map of the south-east of the UK which shows how much…

The Guardian - UK · Jul 1, 2024

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

1 … 19 20 21 22

Coverage From

People

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

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.