News

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 ...
Ofwat is courting investors with plans to guarantee risk and minimise competition as it looks for more than £50bn to upgrade the water sector’s second-rate infrastructure. Private investors ...
Money blog: Interest rate held at 4.75% after inflation rise In the middle is Ofwat, a regulator many blame for creating the current mess through laissez-faire oversight, whose five-yearly "price ...
In a draft verdict on England and Wales’ water company business plans to 2030, Ofwat instead proposed Thames increase average yearly bills by 23% to £535 over the period. The heavily indebted ...
In its latest business plan submitted to Ofwat, Southern unveiled plans to ... our stated dividend policy that we highlight in our financeability disclosure.” Sign up to the Front Page ...
Thames Water has been hit with the penalty by water regulator Ofwat over the combined £195.8m in dividends paid in October 2023 and March 2024. It's the first time Ofwat has used such enforcement ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK water regulator Ofwat said on Thursday that nine companies would not be able to pay executive bonuses ...