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Energy

  • Super sewer still on track despite Thames Water troubles

    June 30, 2023

    It is “inconceivable” that Thames Water’s financial woes will derail London’s new super sewer, says Tideway boss.

  • Energy costs to fall from July but bills still almost double pre-crisis levels

    June 30, 2023

    Households will pay less for their energy supplies from Saturday amid warnings bills will still be double the price before the crisis.

  • Thames Water and Ofwat face Westminster grilling over growing debt pressures

    June 30, 2023

    MPs will grill Thames Water executives and market watchdog Ofwat amid growing concerns over the finances of the UK's largest water supplier.

  • Yorkshire Water raises £500m from shareholders amid Thames Water troubles

    June 29, 2023

    Yorkshire Water has raised £500m from shareholders, as part of its long-term equity plan to invest nearly a £1bn over the next five years.

  • Ofgem cracks down on generators that left customers with a £3bn bill

    June 29, 2023

    Generator owners will no longer be able to hold back supplies, so they can later harness higher prices for back-up power generation.

  • British Lithium team ups with French miner to develop Cornish mega mine

    June 29, 2023

    British Lithium has teamed up with French minerals specialist Imery to develop a mine capable of powering half a million cars per year.

  • Britain must meet £100bn target to unblock offshore wind supply chain bottleneck

    June 29, 2023

    Britain risks failing to to meet its offshore wind ambitions, unless the industry is able to invest more in manufacturing and supply chains.

  • Thames Water: City grandee and crisis specialist Sir Adrian Montague lined up as new chair

    June 29, 2023

    Thames Water has lined up long-standing city grandee and crisis specialist Sir Adrian Montague as it new chair.

  • Thames Water crisis: Government looks to allay fears of potential collapse with nationalisation mooted

    June 29, 2023

    Ministers have looked to allay fears around the impact of Thames Water potentially going under as the regulator vowed to work with the sector to deal with its debt levels. Work and Pensions Secretary Mel Stride said there were “contingency plans in place for any eventuality” as Thames Water battles to finance the £14 billion [...]

  • Tories turn up the heat on Ofwat as Thames Water scrambles for £1bn in funds

    June 28, 2023

    A front-bench member of the cabinet has raised concerns over the future of Thames Water, amid its desperate bid for funds from investors.

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