King’s Speech: Ofwat will get new powers to tackle rogue water firms July 17, 2024 Ofwat will be granted fresh powers to ban bonus payments to water firm executives, who could also be held criminally liable for lawbreaking, according to a new bill outlined in the King’s Speech today.
Thames Water: London bills to rise by £99 in fresh Ofwat proposals as company placed in ‘turnaround’ regime July 11, 2024 Ofwat, the UK's water regulator, has set out a record £88bn spending package that would see Londoders' bills go up by an average of £99 in the next five years excluding inflation.
The Notebook: A key test for Labour? Dealing with the water industry June 24, 2024 There are many unknowns for the next government, but one thing's for sure, Labour will have a tough time sorting out the water industry.
Anglian Water: Price rises see revenue jump as shareholders handed bumper payday June 11, 2024 Price increases helped revenue at Anglian Water increase to £1.6bn as it plans to hand shareholders a payday of almost £90m, new figures have revealed.
Pennon hands boss near £300,000 bonus despite pollution record June 10, 2024 British water company Pennon has named David Sproul as chair designate, and he will succeed Gill Rider who will retire from the board next month, the firm said on Monday.
A Manifesto for London: Bins, beer, Uber boats and free chickens June 4, 2024 The General Election will undoubtedly feature many pledges, but will they prioritise London? City A.M. is here to stand up for the capital with a Manifesto for London
Risky debt investors flood into Thames Water debt as regulator plots carve-up April 28, 2024 Thames Water is currently buckling under a £15bn debt pile, and the price of its bonds has collapsed over fears it might go into administration.