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The Latest Breaking News from Ofwat

4m hours of raw sewage discharges in England in 2023, data expected to show

Exclusive: Environment Agency figures to be released on Wednesday to reveal 129% increase in total discharges on previous 12 months

The Guardian - UK · Mar 26, 2024

The fate of Thames Water hangs in the balance. So what are its options?

Troubled utilities firm at risk of running out of money by end of April or of cash crunch

The Guardian - UK · Mar 22, 2024

UK watchdogs say they will take action against ‘threatening’ debt collectors

Joint letter from regulators targets finance and utility sectors for volume and tone of correspondence to vulnerable customers

The Guardian - UK · Mar 18, 2024

From analysis to the latest developments in health,
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Put Thames Water into special administration, Lib Dems tell ministers

Party calls for firm to be wound up as it seeks shareholder bailout, higher bills and lower fines

The Guardian - UK · Mar 15, 2024

‘I’ve seen solid waste float by’: Surrey riverside residents try to Stop the Poo

The sewage treatment works at Horley seem to be crumbling, much like owner Thames Water itself

The Guardian - UK · Mar 12, 2024

Come clean on secret taxpayer rescue plans for Thames Water, MP demands

Exclusive: Sarah Olney to press in parliament for details of scheme being drawn up in event of supplier’s collapse

The Guardian - UK · Mar 12, 2024

Thames Water accused of ‘misleading’ customers over level of debt payments

Britain’s biggest water company said just 3p in every pound that appeared on bills went to its lenders

The Guardian - UK · Mar 12, 2024

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Ofwat accused of cover-up over dinners with water companies

Calls for inquiry after regulator failed to declare hospitality with those it holds to account over sewage spills

The Guardian - UK · Feb 29, 2024

Hundreds of thousands of Thames Water customers may be unable to pay bills from April

Prediction comes as Britain’s biggest water supplier battles to stabilise its finances

Evening Standard · Feb 28, 2024

Thames Water lobbying government to let it increase bills by 40%

UK’s largest water company also calls for dividend payouts and lower fines for breaches to avoid taxpayer bailout

The Guardian - UK · Feb 28, 2024

Bitcoin surges through $60,000 in biggest monthly rally since late 2020 – as it happened

Cryptocurrency buoyed by flows into new ETFs that track the value of bitcoin

The Guardian - UK · Feb 28, 2024

Joe Lycett vs Sewage on Channel 4 review: a frightening dive into Britain's filthy water problem

The comedian turned investigative reporter is back and he’s lifting the lid on the appalling state of our sewage system

Evening Standard · Feb 20, 2024

Thames Water forecasts more leaks over next two years than predicted

Revision will pile further pressure on firm to invest in infrastructure amid anger over its sewage-dumping record

The Guardian - UK · Feb 12, 2024

Ofwat’s scheme to fine poorly performing companies ‘a gimmick’

Lib Dems dismiss plan saying water fines need to go to consumers rather than to the Treasury

The Guardian - UK · Feb 12, 2024

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The Guardian - UK · Feb 7, 2024

Ofwat orders Thames Water to produce turnaround plan over sewage record

Debt-laden firm had allowed rivers to become polluted and homes to be flooded with sewage, MPs hear

The Guardian - UK · Feb 4, 2024

‘Elevated’ risk of hackers targeting UK drinking water, says credit agency

Moody’s warning over hacking’s effect on debts may bolster water utilities’ plans to hike bills to cover needed investments

The Guardian - UK · Feb 2, 2024

Water firms in England and Wales urged to invest profits in cutting bills

Suppliers expected to charge average 6% more from April despite public anger at underinvestment and sewage dumping

The Guardian - UK · Feb 1, 2024

Revealed: watchdogs and water bosses had dinner at private London club to discuss future

Exclusive: Meal attended by Environment Agency and Ofwat chairs attacked as outrageous example of ‘regulatory capture’

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Evening Standard · Jan 22, 2024

Toxic sewage spills should trigger bonus ban for water bosses, says Labour

Labour has accused Tories of turning a 'blind eye to corruption'

The Guardian - UK · Jan 21, 2024

Tide of disapproval awaits new round of UK water companies’ price rises

News of the increases, due by the end of the month, comes amid rising anger over companies’ environmental records

The Guardian - UK · Jan 15, 2024

South West Water ‘not honest’ about drought preparations, watchdog claims

Devon and Cornwall had months of hosepipe bans as parts of country almost ran out of water in 2022

The Guardian - UK · Jan 3, 2024

Thames Water’s owners only have themselves to blame for the writedowns

It looks as if USS simply overpaid and underestimated the effort and catch-up investment required

The Guardian - UK · Dec 18, 2023

How much of your water bill is swallowed up by company debt? – interactive

Analysis shows that 28% of Thames’ customer bills were spent servicing debt, as the company lobbies for more

The Guardian - UK · Dec 18, 2023

Water firms use up to 28% of bill payments to service debt in areas of England

As English water companies plan to hike bills, the Guardian reveals customers are paying a high price for combined debts of £60bn

The Guardian - UK · Dec 18, 2023

How we calculated the proportion of revenue English water firms use to pay off debt

Finding out the percentage from consumer bills used to service debt is tricky. We worked with industry experts to shed light on the issue

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