Pennon blames sewage leaks and pollution on ‘exceptionally high’ groundwater Business Water firms leaked over one trillion litres of water last year, new analysis from the Observer revealed earlier in the year.
Water firms’ industry body: Dividend payouts haven’t affected infrastructure investment Business Water companies would be in a similar state today even if they hadn't paid out millions in dividends, the boss of their industry body claimed.
Water regulator welcomes plan to boost customer compensation Politics The water industry watchdog has said it “welcomes” the government’s plan to increase compensation for customers receiving poor services from water companies.
Moody’s slaps Thames Water’s debt with ‘junk’ rating July 24, 2024 Moody’s Ratings has lowered Thames Water’s highest tranche of debt to 'junk' in another blow to the struggling water firm.
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.
Starmer: Nationalising debt-laden Thames Water ‘not consistent’ with our fiscal rules July 8, 2024 Nationalising Thames Water would “not be consistent” with Labour’s fiscal rules, the Prime Minister’s spokesman has said.
Supreme Court rules canal company can sue United Utilities over sewage dumping July 2, 2024 The Supreme Court has ruled that a canal company can bring a civil lawsuit against the UK’s largest listed water company, United Utilities, over discharge of sewage
Sadiq Khan vows to take on Thames Water and make London’s rivers ‘swimmable’ by 2034 April 20, 2024 Sadiq Khan says he wants to make London’s rivers “swimmable within ten years” in the face of the sewage scandal.