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The Latest Breaking News from Ofwat

South East Water paid £2.25m to shareholders despite £18m losses

Cost of debt rises for firm that left thousands of customers without running water in summer

The Guardian - UK

More good intentions from Thames Water but where’s the owners’ new capital?

Shareholders promise more capital for investment but customers will believe it when they see it

The Guardian - UK

Thames Water investigated by regulator Ofwat over dividend payment

Regulator asks if £37.5 million payment breached embattled supplier’s licence requirements

The Independent UK

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

Ofwat investigates whether Thames Water dividend is licensing breach

Exclusive: Debt-laden water supplier says it has paid £37.5m dividend from operating company

The Guardian - UK

Labour to urge MPs to ban bonuses for water firm bosses over sewage dumping

Motion will force Tory MPs to say whether bonuses can still be paid despite poor state of English and Welsh waterways

The Guardian - UK

South East Water under investigation over supply failures

Company blamed increased working from home in south-east of England for hosepipe ban

The Guardian - UK

Ofwat accused of ‘meaningless gesture’ after reducing Thames Water penalty

Regulator cuts amount company will have to pay for underperformance by almost £5 for each customer

The Guardian - UK

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Alarm raised over water firm job of new environment secretary’s wife

Steve Barclay married to executive at Anglian Water, which is under investigation for potential illegal dumping of raw sewage

The Guardian - UK

Millions of customers to get lower water bills as firms miss targets - check if you’re one of them

Water watchdog confirms amount customers will see knocked off their bills over 2024 and 2025

The Independent UK

Thames Water told to give back £74million to customers after poor performance

The amount watchdog Ofwat has told the water company to return is the highest in the UK

Evening Standard

Water regulator starts a ‘crackdown’ on bonuses about 30 years too late

Ofwat’s newfound interest in executive pay in the water industry is merely a tweak

The Guardian - UK

Ban bonuses to water company bosses, Ofwat told

Regulator under pressure to act after finding executive payouts at three English suppliers were not justified

The Guardian - UK

Ofwat warns over financial health of four water suppliers in England

Thames Water and Southern Water among firms urged to take action to secure long-term finances

The Guardian - UK

Labour’s Defra team vows to get tough on pollution and protect farmers

Strategy for governing includes taking on firms that contaminate environment and getting supermarkets to pay fair price to farmers

The Guardian - UK

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The Guardian - UK

Watchdog berates Thames Water and Southern Water over level of complaints

Two utilities deemed ‘standout poor performers’ with so many complaints it skews industry’s overall performance

Evening Standard

Why are water bills potentially going up across the country?

Water bills are expected to rise in the coming months

The Guardian - UK

Price of water: by how much could bills in England go up and why?

Suppliers submit five-year plans that include asking customers to help fund record investment

Evening Standard

FTSE 100 Live: London house prices falling, index closes down 1.3% after late tumble, John Lewis chair to quit

Bets that US interest rates will stay higher for longer today continued to weigh on stock market sentiment.

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news in one place.

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The Independent UK

Water firms want annual bills to rise £156 to help them stop sewage spills

The water industry said the £96 billion investment will reduce sewage spills and leaks, while helping to secure future supply

The Guardian - UK

As under-fire water firms present their price proposals, who’ll be cleaning up?

Amid anger over sewage and waste, the UK industry’s five-year business plans will be closely watched this week

The Guardian - UK

Severn Trent customer water bills to rise by almost 37% by end of decade

Firm raises £1bn in investment – half from Qatar’s sovereign wealth fund – to improve network over five years

Evening Standard

London water bills to be slashed by £100 million as regulators hit out at Thames Water leaks and spills

Londoners will be paying over £100 million less to Thames Water next year as the company was hit the hardest by a crackdown from regulators.

The Guardian - UK

Water firms in England and Wales ordered to cut £114m from bills

Fewer than half of companies meeting their targets on leaks, says the regulator, Ofwat

The Guardian - UK

Water companies ‘need single social tariff in England and Wales’

Consumer body says vulnerable households face ‘postcode lottery’, with each firm setting its own tariff

The Guardian - UK

‘Unacceptable’: how raw sewage has affected rivers in England and Wales – in maps

Hundreds of thousands of raw sewage discharges were recorded last year. These maps show where these were and what the impact is

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