The water industry needs investment, not confiscation Opinion Renationalising Thames Water will deter the investment Britain needs to grow, says Lord Johnson Andy Burnham enters Downing Street with lofty, and in many ways admirable, ambitions to generate prosperity in the regions. But his plans will come to naught if he cannot first find economic growth – and the outlook is bleak. The IMF [...]
Burnham risks £4bn bill in Thames Water special administration Politics Andy Burnham’s plans to push Thames Water into special administration could leave the taxpayer to foot a £4bn bill. The incoming Prime Minister is facing a crunch decision over how to deal with the struggling utility and is expected to use a special administration regime (SAR) to keep it running until a buyer is found. [...]
Thames Water to run out of money by end of the year Water Thames Water is set to run out of cash by the end of the year as the UK’s largest private utility company struggles to secure a finalised rescue deal. The embattled water firm – which serves around 16m customers, mostly in London and the South East – said in its latest financial report that it [...]
South East Water told to cough up £31m and improve infrastructure July 14, 2026 South East Water has been ordered to cough up a hefty redress and create an improvement plan for its operations after multiple investigations by the industry regulator found failures in its infrastructure and customer service. The utility firm – which supplies drinking water to 2.3m customers across the likes of Kent, Sussex and Surrey – [...]
Public markets, not the state, can fix the water sector June 30, 2026 Andy Burnham will likely put renationalising utilities back on the table, but that’s not the way to turn on the investment taps, says Rupert Hargreaves The arrival of Andy Burnham in Westminster has once again reignited the debate around the future of the UK’s key infrastructure. The Guardian has reported that Burnham’s allies have talked [...]
Thames Water is Burnham’s first big test: will he do what’s right or what’s popular? June 23, 2026 Thames Water will run out of money in a matter of months, but the government rejected a plan to save it. Now, Burnham’s talk of renationalisation is already scaring off investors and reducing the tax revenues available to fun public services, says Natascha Engel Now that Keir Starmer has announced his departure, the question is [...]
Thames Water, energy grid, rent prices: Burnham drums up public control agenda June 13, 2026 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 May 25, 2026 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 May 8, 2026 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 [...]