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The Latest Breaking News from Ofwat

South East Water: Who owns the supplier that’s landed in hot water?

Like many UK utilities firms, South East Water has a complicated ownership structure with multiple streams of largely foreign investment.

Evening Standard

South East Water boss in line for £400,000 bonus despite outages

Exclusive: David Hinton, who faces calls to resign, will receive payout regardless of performance if he stays until July 2030

The Guardian - UK

Ofwat launches probe into South East Water over supply outages

The regulator said it will investigate whether the supplier has complied with its customer service standards obligations.

Evening Standard

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South East Water could have licence revoked amid fears water supply issues could take days to resolve

Thousands of properties in Kent and Sussex left without drinking water for the sixth day running

The Independent UK

South East Water could lose operating licence after outages in Kent and Sussex

Fine of 10% of annual turnover among other potential penalties as environment secretary calls for Ofwat review

The Guardian - UK

‘How can they expect us to pay more?’: Anger as crisis-hit Tunbridge Wells water firm boss says higher bills needed to stop shortages

South East Water has appealed against the water regulator decision to raise bills further

The Independent UK

Water bosses recalled to appear before ‘sceptical’ MPs over December outages

A Parliamentary committee has recalled company bosses over the incident before Christmas, as thousands remain without water in a new supply failure.

Evening Standard

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Regulator ‘concerned’ as 25,000 properties still without water in two counties

South East Water (SEW) has blamed this latest supply failure on Storm Goretti causing burst pipes and power cuts.

Evening Standard

Send army into Tunbridge Wells to fix water crisis, Starmer told

It is the second time in two months that Tunbridge Wells has been affected by outages

The Independent UK

‘My village’s water supply is so bad I can’t leave the house without having to fill up water bottles’

A Kent resident said she fills her bath and kettle with water in case she comes home to find she has no mains water amid shortages

The Independent UK

Wessex Water bosses handed £50,000 in extra pay despite Labour government’s bonus ban

Utility admits parent company paid CEO Ruth Jefferson and CFO Andy Pymer but denies bonus payments

The Guardian - UK

Former Wessex Water boss received £170,000 bonus despite ban on performance pay

Company owners say bonus was unrelated to water business and complied with ban after pollution conviction

The Guardian - UK

Wessex Water to pay £11m towards wastewater upgrades after Ofwat investigation

The investment means the firm with around 2.9 million customers in the South West avoids having to pay a fine.

The Independent UK

Refinancing is delayed at Thames Water. If Ofwat is playing hard, it should keep going

Discussions are ‘taking longer than expected’, which may mean regulator is tearing chunks out of creditors’ proposal

The Guardian - UK

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Evening Standard

Complaints from Thames Water customers rocket more than 70% after bill hikes

Higher bills allowed Thames Water to return to profit and boost investment

The Guardian - UK

People living along polluted Thames file legal complaint to force water firm to act

Residents claim raw sewage and poorly treated effluent as result of Thames Water’s failings are threat to health

International Business Times UK

Britain's Net Zero Dream at Risk as Water Shortages Threaten Green Energy Plans

Britain's water shortages could undermine net zero plans, with experts warning that hydrogen and carbon capture projects may struggle to secure enough water.

The Guardian - UK

Water shortages could derail UK’s net zero plans, study finds

Tensions grow after research in England finds there may not be enough water for planned carbon capture and hydrogen projects

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Evening Standard

Castle Water vows to create 2,000 jobs at Thames Water in fresh bid approach

The utility firm has returned with an improved proposal for Thames, which is in advanced talks with creditors and regulators to secure funding.

The Guardian - UK

Thames Water bidder says it is offering £1bn extra cash injection

Castle Water says restructuring plans do not go far enough and extra funds will help resolve pollution crisis

The Guardian - UK

Wessex Water must pay £11m over wastewater failures, says regulator

Company failed to effectively operate, maintain and upgrade its wastewater assets, Ofwat finds

The Independent UK

Wessex Water ordered to pay £11m over wastewater failures

Ofwat has also said it must reduce spills at specific storm overflows through investment

Evening Standard

Wessex Water should pay £11m over wastewater failures, says regulator

Ofwat said the failures related to the maintenance of Wessex Water’s network to ensure it could cope with flows of sewage and wastewater.

The Guardian - UK

Bosses at six water firms had £4m in bonuses blocked under new rules, Ofwat says

Regulator also considers forcing companies to report pay received from parent firms after Guardian investigation

Evening Standard

Thames Water among six water firms to have bonuses for top bosses blocked

More than £4 million of potential bonuses were banned under new rules on performance-related executive pay, regulator Ofwat said.

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