73% of bonus payments will not be paid for by customers, says Ofwat
Ofwat has today announced that new rules on exec bonuses and on dividends are beginning to bite in their first full year of operation,...
Dynamic energy and water saving innovation from Everflow reduces business utilities costs by thousands of pounds
Everflow, the multi-utility provider for businesses, has revealed the pilot of its EcoMOTs service has saved a trial cohort of 24 SMEs a total...
Moody’s further downgrades UK water company debt ratings
The UK water industry has been hit with additional trouble this week as credit rating agency Moody's has further downgraded water company debt ratings,...
Smart meters help to drive a digital data success story
In this Water Vlog, Ruth Clarke, head of digital at Xylem UK & Ireland, discusses the many ways in which smart water meters and, in...
Arqiva announces the appointment of Mark Steele as Chief of Operations
Arqiva, a leading global communications infrastructure and media services company, has announced the appointment of Mark Steele as Chief of Operations.
Mark joined Arqiva in...
Southeast businesses set to save more than 7.3 million litres of water per year
The Southern Water Business Partnership Fund has awarded five grants totalling more than £90,000 to businesses across the Southeast region, for water saving ideas.
The...
Landmark agreement in Scotland to put consumers at heart of future water investment and charging
Consumers, communities and the environment will be central to the forthcoming Strategic Review of water charges under a new joint agreement.
A new Memorandum of...
Ofwat launches new standards to improve services for customers who need extra help
Ofwat has set out new standards expected of water companies for how they should operate, grow and maintain their priority services registers (PSR) of...
2 in 5 households say they will find it difficult to afford water bill increases
Two in five households across England and Wales say they will find it difficult to afford the increases to water bills being proposed by...
Southern Water successfully issues £300m bond
Southern Water has announced it has secured £300 million of additional debt financing following the completion of a bond issuance on 4th November, 2024.
The...
Welsh Water reports largest ever half year capital investment for first 6 months of 2024/25
Dŵr Cymru Welsh Water delivered its largest ever half year capital investment for the six months between April and September 2024. Capital expenditure for...
S&P Global Ratings further reduces Thames Water Utilities Finance PLC’s debt rating
Following the announcement by Thames Water of a proposed liquidity extension transaction, S&P Global Ratings has further reduced Thames Water Utilities Finance PLC's debt...
Thames announces proposed transaction to extend its liquidity runway
Thames Water Utilities Limited has announced a proposed transaction to extend its liquidity runway, including up to £3.0bn of new money in addition to...
£100k boost for water efficiency projects across Scotland
One of the UK’s largest water retailers has doubled its funding to Scotland’s public sector organisations to help fund water efficiency projects across the...
Clancy reports record results for the 2023-24 financial year
Clancy has announced record results for the 2023-24 financial year, as the family-run infrastructure specialist sees rising demand for its expertise across water, energy...
Pennon, the only water-based business to receive Fair Tax accreditation 7 years in a row
One of the largest employers in the South West, Pennon Group, has been awarded the Fair Tax Mark for the seventh year in a...
South West Water launches two new tariffs to trial fairer ways of charging customers
South West Water is set to launch two new innovative tariff trials as it looks to find fairer ways to charge customers, while protecting...
Complaints rise as water companies fail to address customers’ concerns on the environment and water meters
Water companies’ failure to deal with customers’ concerns over environmental performance and water meters has fuelled a steep rise in complaints to the consumer...
Tariff increases accelerate to record-breaking levels as utilities invest in resilience, according to newly released global water tariff survey report
Global Water Intelligence (GWI)’s recently released Global Water Tariff Survey 2024 report provides telling insight into the global landscape of water tariffs.
The average increase...
Coalition of nature groups say the 2% of water company budget to be spent on natural infrastructure isn’t enough
A coalition of nature groups (including Wildlife and Countryside Link, Rivers Trust, The Wildlife Trusts and Angling Trust) has released analysis of water company...
RSK completes preferred equity raise with total investment increasing to £520 million
RSK Group has completed its strategic investment agreement, securing a £520 million capital injection to support the significant growth aspirations of the group.
In June,...
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