Thames Water wins court approval for emergency debt package worth £3bn
Thames Water has won approval to secure a £3bn emergency rescue package, after the High Court ruled on Tuesday 18th February that the water...
Six water companies to appeal Ofwat’s PR24 Final Determination
Following the publication of the 2024 Price Review final determinations by Ofwat in December 2024, a total of six water companies have indicated they...
South East Water requests referral of its Final Determination to the CMA
South East Water has announced that it has asked Ofwat to refer its PR24 Final Determination to the Competition and Markets Authority (CMA) for...
Thames Water requests referral of Final Determination to the Competition and Markets Authority for redetermination
Thames Water Utilities Limited has asked Ofwat to refer its Final Determination to the Competition and Markets Authority (CMA) for a redetermination.
The Board of...
Scotmas secures £2.2 million investment led by Maven to drive innovation in water disinfection technology
Scottish Borders-based, Scotmas, has secured £2.2 million in equity funding to support its international expansion plans.
Scotmas is a second-generation family-owned water treatment and disinfection...
MOSL publishes application pack for Market Improvement Fund Round Four
MOSL has published the application pack for Round Four of the Market Improvement Fund (MIF).
The fund, which is overseen by the Strategic Panel and...
Pennon announces £5 Million ‘Better Futures’ programme to support local communities
Pennon has announced the launch of a new £5M programme designed to go even further towards providing support for those who need it most....
Committee calls on Water Minister to reform social tariffs for people in water poverty following Ofwat price review
The EFRA Committee has written to the Minister for Water and Flooding, Emma Hardy, to ask if there will be adequate support in place...
Welsh Water bills set to increase by 27% to fund £4bn investment
The average Dŵr Cymru Welsh Water household customer bill will increase by 27% for 2025-26, from £503 to £639.
This comes as the company prepares...
Oxyle raises $16m to lead the fight against ‘forever chemicals’
Swiss startup Oxyle has announced a $16m funding round to scale its breakthrough solution to destroy, not just relocate, PFAS from wastewater. This builds...
Water UK promises support for more than 3 million households, as water companies announce record-breaking investment
Water UK, the trade association for the water industry representing all of the water and wastewater companies across Scotland, England, Wales and Northern Ireland, has...
Urgent action needed to protect cash-strapped households from soaring water bills, says Consumer Council for Water
The Consumer Council for Water (CCW) has warned many of the most financially vulnerable households will not be able to cope with a £123...
Concern over river recovery grows as Government fails to enshrine the Water Restoration Fund in law
After urging all MPs to do their job as elected representatives in Parliament, Mark Lloyd says he is disappointed in the Government's decision not...
Pennon Group accepts Ofwat’s Final Determinations
Following Ofwat's PR24 Final Determinations in December 2024, Pennon Group has announced that after careful consideration, South West Water and SES Water will be...
Annual household water bills in Scotland to rise by £44 per year
Scottish Water has announced new higher charges for 2025/26, which the publicly owned water company says will fund vital water and waste water services...
Ofwat announces details of £400m fund to spur water sector transformation in next five years
The Ofwat Innovation Fund will double to £400 million to support projects that could transform the water sector to meet and solve the many...
Mark Lloyd, Chief Executive of The Rivers Trust, says the future of our rivers is at stake in parliament today
Chief Executive of The Rivers Trust, Mark Lloyd, is urging all MPs to do their job as elected representatives in Parliament today, and support...
Moody’s Ratings downgrades Thames Water’s CFR to Caa3 following administration rumours
Ratings agency Moody’s Ratings has downgraded Thames Water’s debt further this week, and increased its view of the probability of default, changing its outlook...
Dŵr Cymru confirms acceptance of £6bn Business Plan for 2025-30
Dŵr Cymru Welsh Water has written to Ofwat to confirm its acceptance of their Final Determination of the Price Review for 2025-2030.
The Final Determination...
PR24 Final Determination: Has Ofwat compromised enough for companies?
After colossal efforts from water companies and the regulator, was the result ever going to be thus, asks Tom Hall, Chief Economist at Aqua...
WaterEquity announces $100M in financing available for water and sanitation infrastructure
WaterEquity, a global asset manager dedicated to mobilizing private investment for the water and sanitation sector, has raised more than $100 million for its...
CCW sets out blueprint for WaterSure reforms to bolster water bill support
Improving water bill reductions for single people living with medical conditions which rely on higher levels of water use is among a raft of...
Thames Water will “take time to review” Ofwat’s final determination before making its response
Thames Water Utilities Limited has said that given its importance and complexity, the company "will take time to review the determination in detail before...
Anglian Water receives Final Determination from Ofwat on £11bn plan for the region
Anglian Water has received its Final Determination from the water industry regulator, Ofwat, in response to its £11 billion plan proposed for the region...
Scottish Water wants to embrace new approaches, as it publishes its interim annual report
Scotland’s publicly owned water and waste water provider has published its interim annual report, covering the first six months of the financial year, from...
Pennon confirms record £3.2bn investment for customers across the South West, Bristol, Bournemouth and Sutton and East Surrey
Pennon has confirmed plans to deliver a record £3.2bn investment across the South West, Bristol, Bournemouth and Sutton and East Surrey, for the period...
Severn Trent receives green light for its ‘outstanding’ £15bn investment programme
Severn Trent has received the green light for its transformational £15bn investment programme to improve service for customers, dramatically boosting river health and creating...
Ofwat approves £104bn upgrade for the water sector
Ofwat has approved a £104bn upgrade for the water sector as part of its final determinations in the PR24 process, which sets investment plans,...
Ofwat finds Thames Water has broken dividend payment rules and proposes £18m penalty
Ofwat has announced its proposed decision which finds Thames Water to be in breach of its obligations under Licence Condition P30.
In October 2023, Thames...
Water companies to be forced to double compensation for failures
The Government has confirmed that water customers around the country will benefit from significantly higher payments to compensate them for water company service failures.
Following public...
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