Water firms to get ‘MOT checks’ in regulatory overhaul Regulation Water companies are set to receive “MOT checks” on the quality of their infrastructure in a fresh regulatory overhaul aimed at preventing crumbling pipes, mishandled sewage and unreliable services. Utilities businesses will receive “health checks” to assess the quality of pumps and pipes by a new water regulator set to be introduced under the government’s [...]
Thames Water: Creditors set out rescue plan with £20.5bn investment Business A consortium of Thames Water creditors have laid out plans for how a £20.5bn investment would “fix the foundations” of the UK’s biggest water supplier. The group of 15 investors, known as the London & Valley Water consortium, are set to focus on improving the firm’s record on pollution and sewage leaks – with an [...]
Thames Water agrees payment plan with Ofwat for historic fine Water Thames Water has agreed a payment plan with Ofwat for its £123m fine over rule breaches tied to its wastewater operations and dividend payouts. The payment plan will see 20 per cent of the total penalty – £24.5m – paid no later than 30 September this year. The penalty will not be funded by customer bills, [...]
Labour lines up advisers for Thames Water administration August 12, 2025 Labour ministers have reached out to top insolvency practitioners in the scenario Thames Water falls into special administration, it has been reported. The UK’s largest water company is at a crisis point after private equity giant KKR pulled out of a multi-billion pound investment deal that could have offered it a lifeline given Thames Water [...]
Water firm Anglian to pay out £68m after breach of regulations July 29, 2025 Anglian Water is set to pay a £68.2m ‘redress package’ to improve the quality of its waste management after an investigation by the UK’s water watchdog found it had breached regulations. Ofwat found that Anglian Water had “fail[ed] to operate and maintain its wastewater assets adequately”, and that it was “systemically breaching” its duty to [...]
Will Labour be our sewage saviour or find themselves up the creek? July 23, 2025 Water companies need flexibility and lower compliance costs, not overzealous regulation that will drive private investment away, says Kitty Thompson Sewage has dominated the environmental conversation for years. Responding to public pressure, successive governments have lumbered water companies with more and more regulatory burdens in an attempt to show that they are tackling the issue. [...]
Environment secretary: Labour’s water revolution will give investors certainty July 22, 2025 Abolishing Ofwat and streamlining water regulation will give the sector the clarity and accountability it needs to attract private investment, says environment secretary Steve Reed Today is the start of a water revolution. When I came into office a year ago, it was immediately clear our water system needed a complete reset. There were high [...]
Ofwat to be scrapped in sweeping water reforms July 21, 2025 Ofwat is set to be abolished and replaced by a “single, powerful regulator” aimed at cutting water pollution and protecting families from higher bills, the government has revealed. The Department for Environment, Food and Rural Affairs (Defra) has said operations conducted in England by Ofwat will be merged with the Environment Agency, Natural England and [...]
Environment Secretary pledges to halve sewage pollution by 2030 July 19, 2025 The Environment Secretary has pledged to cut sewage pollution from water companies in half by 2030 compared to 2024 levels. Steve Reed will announce the target as he speaks to the media on Sunday morning. The government said it marks the first time ministers have set a clear target on reducing sewage pollution to which [...]
Ofwat to be replaced with ‘new regulator’ amid Thames Water crisis July 18, 2025 Ofwat, the water watchdog, is expected to be abolished and replaced by a new body next week after facing intense scrutiny over sewage firms and the poor performance of major companies including Thames Water, according to reports. A consultation on the creation of a new regulator is expected to be announced next week after results [...]