Nine water companies will be barred from funding hefty executive bonuses with customer s’money, the regulator Ofwat has said. The watchdog said it would step in and use new powers to prevent ...

The Mail on Sunday can reveal that David Black, chief executive of water industry regulator Ofwat, has received a pay hike of at least £15,000. That took his pay on the most recently published ...

Northumbrian Water has agreed to pay out £15.7m after failures in the maintenance and operations of its sewage and water ...

Thames Water’s most senior lenders have demanded a reprieve on historical fines as part of its £17bn rescue package to save ...

David Black, chief executive of Ofwat, said: “Customers want to see radical change in the way water companies care for the environment. “Our draft decisions on company plans approve a tripling ...

These proposals include the work of the regulators' joint team RAPID, which is helping to accelerate ... fund such a significant programme of investment. David Black, chief executive, Ofwat said: ...

Ofwat says that is evidence it will more closely police executive pay and dividends to prevent future excess, but this settlement acknowledges that the privatised system only works if investors ...

Ofwat said that any "undeserved" bonuses should be borne by owners and lenders to the companies. David Black, chief executive of Ofwat, said that water firms "need to do more to rebuild public trust".

Ofwat’s chief executive David Black said: “Today marks a significant moment. It provides water companies with an opportunity to regain customers’ trust by using this £104bn upgrade to turn around ...

UNAFFORDABLE water price hikes proposed by Ofwat show the embattled water regulator is failing ... saying they would find the planned rises difficult to afford. CCW chief executive Mike Keil said: ...