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The Latest Breaking News from Ofwat

Ofwat attacks water firms’ lack of investment to cut sewage discharges

Regulator calls spending on network improvements ‘extremely disappointing’ after companies undershot budgets

The Guardian - UK

England and Wales’s broken water system can be fixed – here’s what to do first

The water companies and regulators must act, alongside changing consumer behaviour and tackling pollution at source, says Dieter Helm, former chair of the Natural Capital Committee

The Guardian - UK

Water firms’ debts since privatisation hit £54bn as Ofwat refuses to impose limits

Customers pay on average 20% of their bill towards servicing debt and rewarding shareholders, says CMA

The Guardian - UK

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Down the drain: how billions of pounds are sucked out of England’s water system

Visualised: where does the money from your bills go?

The Guardian - UK

England’s water firms respond to investigation into role of global investors

Guardian analysis reveals more than 70% of English water industry in foreign ownership

The Guardian - UK

England’s water: the world’s piggy bank

England’s privatised water system is owned by funds, banks and billionaires across the world, as this country-by-country breakdown shows

The Guardian - UK

Pennon profits slump as power costs double amid energy crisis

The Exeter-based parent firm of South West Water and Bristol Water has also announced a huge recruitment drive

Birmingham Post

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Lack of investment could leave 600,000 English properties at risk of flooding

Number of homes at high risk likely to almost double by 2055, warns report by infrastructure commission

The Guardian - UK

Only official bathing spot on Thames fails tests for bacteria linked to sewage

Data shows E coli and intestinal enterococci at levels unsafe for swimming at Wolvercote Mill Stream, near Oxford

The Guardian - UK

Water firms may owe UK customers £163m for spillages, say experts

Exclusive: Specialists in corporate wrongdoing say water firms are exploiting a ‘dominant monopoly’

The Guardian - UK

Water watchdog Ofwat slammed for £500,000 staff bonuses amid sewage pollution

New figures show £509,832 was paid out in the last five years despite anger at Ofwat for failing to hold the water industry to account over leaks and sewage pollution

Daily Mirror

English water firms’ big debts of concern as interest rates rise, says expert

Economist says sector’s financial stability is worrying as firms have borrowed heavily to pay dividends

The Guardian - UK

Welsh Water fined £8m by industry regulator Ofwat

While it performed well in some areas in an overall assessment of performance it failed to meet targets on water compliance and interruption to supply

Birmingham Post

Protesters to take to beaches over sewage discharges into English seas

Demonstrations from Falmouth to Whitstable to demand water firms do more to reduce pollution

The Guardian - UK

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Liverpool Echo

Liverpool's United Utilities customers could be paying more for their water

The Liverpool water supplier can now charge customers an additional £24.1 million

The Guardian - UK

Here’s a bright idea to improve accountability in the water sector

Proposal to make all water firms publicly listed is not a cure-all but would force them to be more transparent

Chronicle Live

Northumbrian Water told to pay £20.3m back to customers for failing to meet targets

Northumbrian Water says the Ofwat penalty is 'almost entirely driven' by water supply cuts in Northumberland and County Durham during Storm Arwen

Daily Mirror

11 water firms ordered to cut bills and repay customers £150million - see full list

Consumers face lower water costs from next April after water firms were told off by regulator Ofwat for missing its targets on things like pollution and sewer flooding

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Evening Standard

Water companies set to repay £150 million to customers over failings

In total, 11 water companies were fined for failings in the last year.

Evening Standard

Thames Water told to cut millions from customers’ bills after fine

Water regulator Ofwat said that the utility companies have been fined for missing targets in areas such as water supply interruptions.

The Guardian - UK

Water companies forced to cut £150m from customers’ bills

Thames, Southern and nine other firms penalised after missing targets on pollution

Wales Online

Almost £150million to be taken off customers' water bills

"When it comes to delivering for their customers, too many water companies are falling short, and we are requiring them to return around £150 million to their customers."

Wales Online

People with hot tubs may have to pay higher bills under new rules

Homes with water butts and permeable drives could see their bills cut

The Independent UK

Homes with water butts and permeable driveways could see lower bills – Ofwat

The regulator has called on water firms to trial ‘creative and targeted ways’ to charge customers for their usage.

The Guardian - UK

Liz Truss’s energy bill freeze has virtue of simplicity – but the drawbacks are clear

Policy beats no policy but it will funnel cash to richer households and won’t help cut consumption

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