The Latest Breaking News from Thames Water

The ruling falls well short of a 59% bills hike requested by the troubled water company, as it tries to secure a bailout from investors.

Firms accused of forcing households to pay for years of underinvestment after Ofwat agrees to increases to help fix sector

Thames Water, England’s biggest water company, will run out of money by March if restructuring plans are not approved.

Decision came after protesters called on judges to block a financial bailout they say will cost customers £250 a year

Under the new rules, Thames Water will have to pay customers much higher sums

We have long since got used to our corporate crown jewels being raided by foreign buyers: Roll-Royce Motors, Land Rover, Harrods, Heathrow, even Weetabix and Polos are all in the stewardship of overseas owners. Vital public services such as Thames Water are also not excluded from the list.

Stretch of river in West Yorkshire was first to get bathing status in 2020 but has since recorded poor water quality

Environment secretary argues increase needed to fix UK’s sewage system ‘broken’ by Tories

Regulator poised to reveal steep price rises as campaigners in England and Wales fear water will become unaffordable