Thames Water: Ofwat boss refuses to apologise for water industry debt crisis July 13, 2023 Ofwat’s former boss refused to apologise for allowing the water industry to rack up an eye-watering £65bn debt mountain.
Ofwat chiefs prepared to nationalise Thames Water if supplier collapses July 12, 2023 Ofwat is prepared to place Thames Water under protective measures which would effectively nationalise the company if the supplier collapses.
Customers will be hit with higher bills to help Thames Water, interim boss admits July 12, 2023 Customers will have to foot the bill for improving Thames Water's creaking infrastructure and poor operational performance.
‘Polluters must pay’: Therese Coffey announces unlimited fines for environmental damage July 12, 2023 Environmental polluters face the prospect of unlimited fines penalties, the government has confirmed in its latest clampdown.
Thames Water hangs on, but its future, and the health of our waterways, remains unclear July 10, 2023 Thames Water’s reprieve this morning may have refreshed the company’s coffers, but the firm remains parched of funding for its future ambitions.
Brits overestimate costs of making homes greener July 6, 2023 Brits vastly overestimate both the cost and time to install green upgrades in their homes, according to a new study from Barclays and Ipsos.
Thames Water backer USS faces grilling from pensions watchdog July 5, 2023 The UK’s largest pension scheme faces a grilling from the regulator over its investment in troubled utility giant Thames Water.
Water companies will seek household bill rises says Ofwat boss July 5, 2023 Water companies are planning to increase prices further for households, according to industry regulator Ofwat.
Sunak’s government set to miss £11.6bn climate commitment July 5, 2023 Rishi Sunak’s promise to meet an £11.6bn climate and nature pledge looks set be missed, according to a leaked internal memo.
Ofwat boss fails to rule out more supplier struggles after Thames Water woes July 5, 2023 Water suppliers will not be allowed to rack up debts and underinvest again following Thames Water’s financial troubles, Ofwat vowed yesterday.