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Environment Agency secures record commitments from water sector of over £22bn to invest in the environment

The Environment Agency, working closely with Natural England, has secured the largest ever commitment from water companies to clean up the environment and invest...

Jo Jolly, Director for Environment and Innovation, discusses Ofwat’s knowledge sharing vision

In the first Water Vlog of 2025, Jo Jolly, Director for Environment and Innovation, Ofwat, discusses the ongoing Ofwat Innovation Fund Projects programme, focusing...

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...

In response to Thames Water, Steve Reed tells EFRA Committee it’s not for Government to tell a private company how to manage their finances

The EFRA Committee has published two pieces of correspondence between the Committee and the Defra Secretary, Steve Reed. One is a letter from the Committee...

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...

Hafren Dyfrdwy to deliver record levels of investment after Ofwat’s final determination

Hafren Dyfrdwy can now deliver record levels of investment to improve its water and waste network and boost its environmental performance after Ofwat approved...

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...

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...

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...

OEP investigation concludes Defra, EA and Ofwat failed to comply with environmental law in relation to sewage discharges

The Office for Environmental Protection (OEP) has concluded that there have been failures to comply with environmental law by the Department for Environment, Food...

Ofwat and CCW issue warning after customers whose homes were hit by sewer flooding feel let down and abandoned

New research by Ofwat and the Consumer Council for Water (CCW), that questioned customers whose homes were flooded with sewage, shows wastewater companies must...

Ofwat to appear before MPs for questioning on water companies’ finances, customer bills and regulation of the industry

The Environment, Food and Rural Affairs Committee (EFRA) is due to hold an evidence session to scrutinise the work of Ofwat, questioning its Chief...

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,...

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...

Staying above water: can pension trustees navigate the challenges of Ofwat?

Mike Birch, Independent Trustee at Vidett and former Director of Supervision at The Pensions Regulator (TPR), addresses the financial turbulence within the water sector,...

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...

First Minister of Wales visits Welsh Water Headquarters

The First Minister of Wales visited the Dŵr Cymru Welsh Water headquarters on Thursday 24th October to meet the company’s staff. Eluned Morgan was taken...

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