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#water-companies

UK grocery inflation falls to 1.6%; Fed chair Powell hints at US rate cuts business live

Ofwat is taking action against water companies for sewage spills, investigating environmental performance and data on storm overflows in England and Wales.

Nine water firms stopped from using customers month to pay millions in bonuses - London Business News | Londonlovesbusiness.com

Ofwat has prohibited nine water firms from using customer funds for £6.8 million in bonuses deemed undeserved and lacking performance linkage.

Ofwat undertakes the 'largest and most complex investigation' of sewage spillage - London Business News | Londonlovesbusiness.com

Ofwat launches major investigation on 11 water companies in England and Wales for sewage spillage into rivers.

UK grocery inflation falls to 1.6%; Fed chair Powell hints at US rate cuts business live

Ofwat is taking action against water companies for sewage spills, investigating environmental performance and data on storm overflows in England and Wales.

Nine water firms stopped from using customers month to pay millions in bonuses - London Business News | Londonlovesbusiness.com

Ofwat has prohibited nine water firms from using customer funds for £6.8 million in bonuses deemed undeserved and lacking performance linkage.

Ofwat undertakes the 'largest and most complex investigation' of sewage spillage - London Business News | Londonlovesbusiness.com

Ofwat launches major investigation on 11 water companies in England and Wales for sewage spillage into rivers.
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#thames-water

Ofwat rules out customers paying 195,000 Thames Water boss bonus

Regulator Ofwat insists that Thames Water's executive bonuses should not be funded by customers amidst the company's financial struggles.

Thames Water proposes huge new bills hike

Thames Water plans to raise customer bills by up to 59% by 2030 due to funding crisis and infrastructural needs.

Thames Water break-up is a promising idea | Nils Pratley

Thames Water's financial troubles may lead to the current shareholders being wiped out through a debt-for-equity swap.

Ofwat rules out customers paying 195,000 Thames Water boss bonus

Regulator Ofwat insists that Thames Water's executive bonuses should not be funded by customers amidst the company's financial struggles.

Thames Water proposes huge new bills hike

Thames Water plans to raise customer bills by up to 59% by 2030 due to funding crisis and infrastructural needs.

Thames Water break-up is a promising idea | Nils Pratley

Thames Water's financial troubles may lead to the current shareholders being wiped out through a debt-for-equity swap.
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#water-regulation

Billpayers in England and Wales tricked into stealth bailout' of water companies

Water regulator Ofwat faces backlash over proposed 44% bill increases while overseeing water companies amidst allegations of sewage pollution.

New Water Commission must create an environmental enforcer that is feared

The establishment of an independent Water Commission is crucial for reforming the beleaguered water sector in England and Wales.

Billpayers in England and Wales tricked into stealth bailout' of water companies

Water regulator Ofwat faces backlash over proposed 44% bill increases while overseeing water companies amidst allegations of sewage pollution.

New Water Commission must create an environmental enforcer that is feared

The establishment of an independent Water Commission is crucial for reforming the beleaguered water sector in England and Wales.
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Water companies must return 157.6m to customers over poor performance

Water companies in England and Wales face a £157.6 million penalty for failing to meet pollution and service targets, indicating a need for cultural change.

Annual water bills are set to rise - here's how much more you could be paying

Water bills in England and Wales will average a £19 annual increase, totaling £94 by 2030, due to an £88 billion investment plan.
#Ofwat

Labour to urge MPs to ban bonuses for water firm bosses over sewage dumping

Labour aims to force Conservative MPs to vote on whether Ofwat should have the power to ban water bosses' bonuses until they clean up waterways.
Labour unveiled plans to block bonuses of those who run companies that pump out large levels of sewage if it wins the next election.

Ofwat demands answers from Thames Water over dividend payment

Ofwat is investigating Thames Water's payment of a £37.5m dividend to its parent company.
Thames Water claims the dividend was used to pay its debts and not given to external shareholders.

Labour to urge MPs to ban bonuses for water firm bosses over sewage dumping

Labour aims to force Conservative MPs to vote on whether Ofwat should have the power to ban water bosses' bonuses until they clean up waterways.
Labour unveiled plans to block bonuses of those who run companies that pump out large levels of sewage if it wins the next election.

Ofwat demands answers from Thames Water over dividend payment

Ofwat is investigating Thames Water's payment of a £37.5m dividend to its parent company.
Thames Water claims the dividend was used to pay its debts and not given to external shareholders.
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