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The Latest Breaking News from Ofwat

Thames Water ‘close to deal that would spare it new Ofwat fines until 2030’

Offer reportedly put forward by creditors hoping to save struggling firm from being renationalised temporarily

The Guardian - UK

Investors tell Thames Water to ‘eat humble pie’ over failed takeover and open bids

CK Infrastructure says watchdog should intervene to let other firms bid after KKR pulled out

The Guardian - UK

Thames Water rescue deal talks rumble on interminably but its future remains unclear

As negotiations enter a ninth month, an outcome is thought to be weeks away and the devil is still in the detail

The Guardian - UK

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read the most diverse news in one place.

Thames Water lenders float new £10bn rescue plan

Latest effort involves paying off fines worth hundreds of millions of pounds as part of bid to stave off financial collapse

The Guardian - UK

Thames Water creditors pledge £3.4bn of new equity in improved rescue bid

London & Valley Water has offered to inject £3.35 billion of new equity and up to £6.55 billion in new debt to rescue the troubled supplier.

The Independent UK

Who are the key figures in the sewage crisis, and where are they now?

With anger stoked by Channel 4’s drama Dirty Business, we look at what has happened to some of the main players

The Guardian - UK

Welsh Water to pay £44.7m after ‘unacceptable’ sewage works failings

Proposed package comes after regulator finds ‘serious and unacceptable breaches’ in how company operates

The Guardian - UK

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UK water firm to pay £44.7 million to sort out its sewage problems

IN FULL

The Independent UK

Welsh Water to pay £44.7m over ‘serious and unacceptable’ sewage spills

Ofwat stated the supplier failed to adequately operate, maintain, and upgrade its wastewater network

The Independent UK

Welsh Water set to pay out £44.7m over sewage spills

Ofwat said it found “serious and unacceptable” breaches in Welsh Water’s sewage works systems and operations.

Evening Standard

Five water firms prevented from increasing bills as much as they wanted

The water firms argued they wanted to hike bills after Ofwat’s decision left them unable to meet regulatory requirements

The Independent UK

Millions in England to pay higher water bills after suppliers appeal

Anglian, Southern, Wessex and South East allowed to raise charges more than originally permitted by watchdog

The Guardian - UK

Five water firms to hike customer bills by less than they wanted after ruling

Anglian Water, Northumbrian Water, South East Water, Southern Water and Wessex Water will be allowed an average increase of 2.2% in customer bills.

Evening Standard

Ofwat to fine South East Water £22 million for failures

IN FULL

The Independent UK

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The Guardian - UK

South East Water fined £22.5m for ‘repeated supply failures’ in Kent and Sussex

Regulator says failures that hit nearly 300,000 customers made worse by utility’s failure to maintain efficient supply system

The Independent UK

South East Water fined £22m by regulator for repeated supply failures

Ofwat says ‘significant’ water supply failures caused ‘major’ disruption for hundreds of thousands of customers

Evening Standard

Watchdog to fine South East Water £22m over water supply failures

Ofwat said it was consulting over the fine after homes in Kent and Sussex were hit by multiple supply interruptions over the years.

The Conversation

England’s sewage scandal hinges on lack of water industry regulation – new docudrama reveals how profit drives pollution

A new three-part factual drama, Dirty Business, highlights the murky world of the English water industry. This Channel 4 docudrama follows the lives of two concerned citizens from Oxfordshire in south-east England: a retired police detective called Ash Smith and a retired university professor called Peter Hammond, who is an…

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news in one place.

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The Independent UK

We’re financial experts. Here’s three simple ways to beat rising water bills

Ofwat confirmed that household water bills would increase by an average of 5.4 per cent from April

The Guardian - UK

Group expands legal claim over South West Water sewage pollution

Thousands more people across Devon and Cornwall could join case against water firm

The Guardian - UK

‘People yearn for stability’: the Thames Water sewage plant at frontline of its crisis

Weighed down by underinvestment and uncertainty, staff at Maple Lodge just want to get on with the job

The Guardian - UK

Water bosses in England exploiting bonus loophole face crackdown

Exclusive: Ministers to act after last year’s legislation ‘outwitted’ by failing firms paying millions to executives

Evening Standard

Water bills are going up again in April - how much more will you have to pay?

Prices are rising by 5.4% on average from April, but the increase will vary widely across different regions

The Independent UK

Millions of households face hike in water bills from April

IN FULL

The Guardian - UK

Households in England and Wales must splash out more as water bills to rise by 5.4%

Average bills to go up again in April, with Ofwat approving record spending plans amid outrage over sewage spills

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