Top-rated water firms dumped 1,374 ‘illegal’ spills into UK rivers Two of the UK’s largest water firms breached their permits by dumping over a thousand raw sewage spills into rivers, even though they had received the highest possible environmental rating from one of the sector’s regulators, fresh analysis has revealed. Severn Trent and United Utilities oversaw 1,374 raw sewage spills from treatment works across more [...]
Severn Trent given top environmental rating by regulator that just fined it £2m Water The Environment Agency has awarded Severn Trent the highest possible rating for its environmental performance despite having just fined the water company £2m for a sewage discharge that it said could have caused "catastrophic pollution".
Ofwat is now investigating all eleven of England and Wales’ water companies Water Ofwat is opening enforcement cases into four more water companies in a move that means it is now investigating every single water and wastewater company in England and Wales for the mismanagement of their networks and water treatment.
Severn Trent: revenue and profit up at water firm May 22, 2024 Water firm Severn Trent has seen an uptick in turnover, profit before tax and adjusted earnings per share in the year to March, raising its dividend to shareholders despite rising sewage spills.
Traders bet on Thames Water crisis contagion as firm races to agree survival plan April 17, 2024 Traders at major hedge funds are betting against the assets of British water companies amid fears over their levels of debt highlighted by the crisis engulfing Thames Water.
Dividend hikes and leaking numbers in focus for two of Britain’s largest water firms February 14, 2024 Last year was expected to be the Severn's largest ever year of capital investment, with a total outlay of £1bn planned.