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The Latest Breaking News from Ofwat

What happens if Thames Water goes bankrupt?

The government could take ownership of the water company – along with its £16bn debt pile

The Independent UK

Thames Water credit rating slashed as administrators approached

Moody’s changes outlook on firm from stable to negative as financial plans ‘do not provide attractive risk-return balance’

The Guardian - UK

Severn Trent to increase shareholder dividends as water bills rise

It came as the water firm said its financial performance up to January 23 ‘remains on track’.

The Independent UK

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UK government contacts potential administrators for Thames Water

Teneo, Interpath and EY among those reportedly approached for the role if company falls into bankruptcy

The Guardian - UK

Ministers must hold the line on Thames Water. Administration is better than a bailout

It seems Thames is trying to scare the government into thinking the world will end if it falls into ‘special administration’

The Guardian - UK

Water sector says it has to ‘catch up’ with investment amid scrutiny over bills

Industry leaders faced questions from MPs over price hikes and environmental performance.

Evening Standard

Thames Water says it will raise base pay of bosses if Ofwat limits bonuses

Struggling water firm tells regulator for England and Wales proposals would make it hard to attract talent to sector

The Guardian - UK

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‘Forever chemicals’ found in non-stick pans and pizza boxes will cost £1.6 trillion to clean up

The toxic substances are commonplace – and very hard to get rid of

The Independent UK

It’s tough at the top – but which business leader has the most at stake in 2025?

From post and planes to TV, phones and retail chains – and even a central bank – here are the chiefs facing the most testing of times

The Guardian - UK

Sewage scandals and bill increases mark year of woe for water industry

Public fury swelled yet again at water companies’ worsening records on sewage as firms announced steep hikes to consumer bills.

The Independent UK

Revealed: Thames Water diverted ‘cash for clean-ups’ to help pay bonuses

Exclusive: UK’s biggest water company assessed risks before cutting back on cost of environmental work, investigation shows

The Guardian - UK

Resident calls bill rise ‘bonkers’ as thousands wait for water to return

Regulator Ofwat announced Southern Water customers will face a 53% increase in bills over the next five years.

The Independent UK

‘These water companies have got a damn nerve’: anger in England as 58,000 homes lose supply while bills surge

Southern Water customers’ taps ran dry or lost pressure after a fault at one of its supply works

The Guardian - UK

Ofwat opts for expediency. It’s time for water companies to stop bleating

Water bill increases are at about the level most firms requested – but not so for beleagured Southern and Thames

The Guardian - UK

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The Guardian - UK

Water bills in England and Wales: how much more might you pay in your area?

The average bill is to rise by 36% over five years. Here’s what each firm will charge, and how they will spend the cash

The Independent UK

FTSE slumps as Bank of England holds interest rates

The FTSE 100 finished 93.79 points, or 1.14%, lower to end the day at 8,105.32.

The Independent UK

Ban water bill increases until Santa swims are no longer cancelled – MP

A Cornwall MP called for a “total ban on water bill rises” while sewage threatens Christmas-themed Santa swims and surfing events

Ideal Home

Water bills are expected to increase by £86 in April - here’s how your area will be affected

How the Ofwat announcement will affect you

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news in one place.

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The Independent UK

Households to face average £86 hike to water bills next year alone

Consumer groups said the bill rises will be more than many households can afford, as campaigners accused Ofwat of caving to pressure from firms.

Evening Standard

Why are water bills going up so much, and what does it mean for consumers?

Regulators have allowed water firms to raise bills significantly over the next five years. PA news agency asks why, and explains what happens next.

Evening Standard

Anger over water bills hike which campaigners say will not solve sewage crisis

Clean water campaigners describe settlement for water companies as a ‘travesty’ and ‘nightmare before Christmas’ for customers.

Evening Standard

Water outage hits thousands of homes as customers learn of bill rises

Southern Water customers will face a 53% increase in bills over the next five years.

The National (Scotland)

Water bills in England and Wales to see major price rises, watchdog confirms

PEOPLE'S water bills in England and Wales will increase by an average £31 per year for the next five years, regulator Ofwat has announced ...

The Guardian - UK

Thames Water to pay £18m penalty after breaking dividend rules

Regulator says it will claw back £131m in ‘unjustified’ payments as it announces companies can increase bills by 36% by 2030

The Independent UK

Water bills set for steep price hike after Ofwat review – how much will yours rise by?

Ofwat said the increase would pay for a £104 billion upgrade of the water sector

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