Thames Water, energy grid, rent prices: Burnham drums up public control agenda Politics Andy Burnham will press for an agenda of public control over water companies, the national energy grid and government procurement regulation if he becomes Prime Minister. Reports on Saturday indicated that the Manchester mayor, who is standing as Labour’s candidate in the Makerfield by-election before a likely bid to become the party’s leader, would push [...]
Heat wave bottle jobs: Water firms set up emergency supply points in Kent, with tankers on standby Water With temperatures setting records for May over the long bank holiday weekend, emergency supplies of bottled water were sent to two major Kent towns and hundreds of Brits were hit with interruptions to their water supply. Distribution points were set up in Faversham and Ramsgate as a precaution, amid problems with infrastructure in the area. [...]
South East Water boss David Hinton resigns Water The chief executive of South East Water, David Hinton, resigned from the embattled utility today, after presiding over one of the scandal-hit industry’s most notorious supply failures. Hinton was in charge during a series of outages in Tunbridge Wells and Kent in November and December 2025. There were more outages last January. As the firm struggled [...]
Thames Water creditors offer ‘best and final’ rescue funding deal March 16, 2026 Thames Water’s creditors have offered a “best and final” offer deal involving new debt and equity in a bid to prevent it from falling into a special administration regime. Investment behemoths Elliott Management, Silver Point Capital, Invesco, PIMCO and other creditors behind the consortium London & Valley Water have presented Ofwat, the water regulator, with [...]
Is South East Water’s £22m fine a step towards total renationalisation? March 10, 2026 The total mess that Thames Water and South East Water find themselves in – which touch on issues of environmental neglect, underinvestment in critical infrastructure, the limits of privatisation and the role of shareholders in utility companies that operate an effective monopoly – could be a harbinger of what’s to come, says Brett Israel Last [...]
South East Water in spat with watchdog after £22m fine March 5, 2026 South East Water has entered a heated spat with the water regulator after it was hit with a £22m fine. The water firm’s fine covers multiple supply interruptions in Kent and Sussex between the period of 2020 and 2023, effecting more than 286,000 people. Ofwat said its investigations into the water firm found it had [...]
Thames Water creditors offer £4bn debt write-off October 2, 2025 Creditors of Thames Water have made a rescue offer for the failing company by allowing a £4bn write-off of their debt in return for changed targets on pollution incidents. The deal would see 25 per cent of Thames Water’s debt written off but the group, under the consortium London & Valley Water, would see regulators [...]
Rachel Reeves tells creditors to resolve Thames Water crisis September 1, 2025 Rachel Reeves has called for a “market-based solution” to be found at Thames Water before the company is put into special administration. The Chancellor reportedly sent a letter to creditors of Thames Water to state that any solution must result in a “successful turnaround”. Her letter came after environment secretary Steve Reed said the government [...]
A plea from a data centre owner: Stop vilifying us! August 27, 2025 Vast, humming fortresses of silicon and steel, data centres are the unsung titans, not villains, of our digital age, writes Huw Owen Data centres are under siege – not from cyberattacks, but from headline writers. “Thirsty data centres are sucking up Britain’s scarce water supplies,” cried one recent report; another elsewhere warned that the government’s [...]
Thames Water’s cash crunch intensifies as bailout rumours swirl August 15, 2025 Thames Water faces a race against time to avoid collapse even after securing a short-term cash injection. The UK’s largest water company is set to run out of money as soon as September 2026 should it fail to secure a financial lifeline in the form of a recapitalisation deal. The utility company said the second [...]