Wessex Water hit with £11m sewage enforcement package
Wessex Water must pay an £11m enforcement package for sewage leaks, with shareholders funding the upgrades, not customers. Read the latest on the water sector crackdown.
Category : Search result: Ofwat
Ofwat Blocks Thames Water's Crucial Refinancing Plan
The water regulator Ofwat has delayed Thames Water's vital refinancing, casting doubt on its survival plan. What does this mean for the debt-laden utility and its customers? Read the full analysis.
Thames Water profit leaps to £400m despite collapse risk
Thames Water reports a near-£400m half-year profit, but its financial future remains precarious with a looming funding deadline. Read the full analysis.
Thames Water debt climbs to £17.6bn amid profit return
Thames Water's debt pile grows to £17.6bn despite a return to profit after inflation-busting bill hikes. The firm faces a surge in customer complaints as rescue talks continue.
Thames Water to decide on £2.5m executive payouts
Thames Water's remuneration committee will meet next week to decide on controversial £2.46m retention payments to senior managers as the utility fights for survival. Read the latest on the crisis.
Wessex Water fined £11m for sewage failures
Wessex Water has been ordered to pay £11m for wastewater management failures. The penalty will fund improvements to reduce sewage spills across the South West.
Water bosses lose bonuses as Ofwat cracks down
Regulator blocks executive payouts at six water companies amid public outrage over sewage spills and service failures. New rules give Ofwat power to veto bonuses.
Water firms seek double charging for sewage fixes
Water companies could bill households twice for infrastructure repairs to tackle sewage pollution under new Ofwat proposals being challenged in court by environmental campaigners.
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