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The Latest Breaking News from Ofwat

FTSE 100 Live: London house prices falling, index closes down 1.3% after late tumble, John Lewis chair to quit

Bets that US interest rates will stay higher for longer today continued to weigh on stock market sentiment.

Evening Standard

Water firms want annual bills to rise £156 to help them stop sewage spills

The water industry said the £96 billion investment will reduce sewage spills and leaks, while helping to secure future supply

The Independent UK

As under-fire water firms present their price proposals, who’ll be cleaning up?

Amid anger over sewage and waste, the UK industry’s five-year business plans will be closely watched this week

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Severn Trent customer water bills to rise by almost 37% by end of decade

Firm raises £1bn in investment – half from Qatar’s sovereign wealth fund – to improve network over five years

The Guardian - UK

London water bills to be slashed by £100 million as regulators hit out at Thames Water leaks and spills

Londoners will be paying over £100 million less to Thames Water next year as the company was hit the hardest by a crackdown from regulators.

Evening Standard

Water firms in England and Wales ordered to cut £114m from bills

Fewer than half of companies meeting their targets on leaks, says the regulator, Ofwat

The Guardian - UK

Water companies ‘need single social tariff in England and Wales’

Consumer body says vulnerable households face ‘postcode lottery’, with each firm setting its own tariff

The Guardian - UK

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‘Unacceptable’: how raw sewage has affected rivers in England and Wales – in maps

Hundreds of thousands of raw sewage discharges were recorded last year. These maps show where these were and what the impact is

The Guardian - UK

Ministers may have broken law over sewage dumping in England, says watchdog

Government may be letting firms discharge raw sewage more often than law allows, says Office for Environmental Protection

The Guardian - UK

Filthy sewer overflow scandal: Ministers may have breached environmental laws, warns eco-watchdog

Investigation launched into Environment Department, Environment Agency and regulator Ofwat

Evening Standard

Water chiefs condemned over ‘scandal’ of sewage in Thames

Teddington waterworks plan blasted as harmful and unnecessary

Evening Standard

Southern Water owner Macquarie invests further £550m

Australian investment bank funds troubled UK utility’s overhaul of pipes and sewage works

The Guardian - UK

Londoners could receive millions in compensation as water firms face sewage lawsuit

Anyone who has paid water bills to one of six companies from April 2020 may be entitled to compensation

Evening Standard

Water firms face £800m legal action after ‘underreporting sewage discharges’

Six companies, including Thames Water and Severn Trent Water, could end up paying over £800mn to millions of customers if these claims are successful

The Independent UK

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news in one place.

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The Guardian - UK

Public could receive hundreds of millions as water firms face sewage lawsuit

Class action legal claim on behalf of 20 million householders in England and Wales could top £800m in compensation

The Independent UK

Sewage spills mapped as overspills in protected areas ‘topped 300,000 hours last year’

Lake District and Dorset Coasts among beauty spots hit by sewage overflow

The Guardian - UK

Bring in new lobbying rules for ex-ministers by autumn, says watchdog

Acoba chair Eric Pickles says new rules should be made in time for Rishi Sunak’s next reshuffle

The Guardian - UK

Thames Water has failed to install any smart meters yet in £70m green scheme

Company admits delay in rolling out devices to 204,700 customers, with deadline less than two years away

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news in one place.

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The Guardian - UK

Severn Trent likely to be allowed to charge customers £60m extra

Water firm tells investors it is on track to claim reward for exceeding its own customer service targets

The Independent UK

Thames Water boss warns people with bigger gardens could pay more

Water chief also says ‘progressive charging system’ should be considered

The Guardian - UK

Calls for inquiry into appointments of Ofwat chairs past and present

Campaigners raise concerns about water industry links as Lib Dems say watchdog should be abolished

Bangkok Post

British water privatisation offers cautionary tale

Bills are never popular. They're especially unwelcome when it comes to paying for something that falls from the sky. Unfortunately, as Britain's water systems struggle under financial mismanagement and the pressures of climate change, higher water costs are something consumers are all going to have to swallow.

The Guardian - UK

Thames Water still faces slow drip over funding

Monday’s announcement is not a ‘major milestone’ – choppy waters remain, such as the price review

Evening Standard

Inside the capital’s water crisis — are Londoners’ taps about to run dry?

After years of piling on debt and sucking out profits to pay shareholders rather than improve infrastructure, Thames Water is near collapse — leaving the city 24 hours away from having its supply turned off. Claire Cohen investigates

Evening Standard

Thames Water’s former CEO handed half a million pounds as higher bills help keep it afloat

Shareholders put in another £750 million to heavily indebted company

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