News

Water is in the muck for two reasons. One is decades of underinvestment. The blame for that sits mostly with Ofwat, the ...
An Ofwat spokesperson said it would be looking at how proposals ... Meanwhile, a major review of the entire structure of the water industry is being conducted by former deputy Bank of England governor ...
A week later, Ofwat, the industry regulator, announced it was hitting Thames with a record £123m in fines for sewage spills ...
The water company must pay a whopping £122.7m over sewage spills and shareholder payouts. as boss Chris Weston has said he does 'make a difference' ...
THAMES WATER has been hit with a £122.7million fine — the largest ever for a water company. It will pay £104.5million for ...
The water regulator Ofwat wants to attract £50bn of investments ... The main problem is that this sort of structure fragments the system further. Operationally, hiving off the ownership of ...
The regulator Ofwat allowed this increase in debt to happen as for many years it did not consider that it had the requisite powers to dictate how companies chose to structure their finances.
Thames Water’s senior creditors have submitted a rescue plan to the UK’s water industry regulator, envisaging £5 billion ($6.8 billion) of fresh funds and hefty losses for the struggling utility’s ...
The OEP is to decide whether DEFRA's plans, implemented by the Environment Agency and the water regulator Ofwat, are too generic ... The commission should look at the structure and ownership ...
The extension means it could take up to a year from now for the country’s watchdog to complete the assessment, according to statements from water regulator Ofwat and the CMA on Tuesday.