Category : Search result: Ofwat


Thames Water Crisis: £1.1bn Funding Collapses

Exclusive: Thames Water's emergency funding plan collapses as shareholders refuse £1.1bn injection, raising fears of potential special administration and creating turmoil for UK's largest water supplier.

Water firms may charge twice for sewage fixes

Environmental campaigners take regulator Ofwat to court over controversial plans allowing water companies to bill customers twice for tackling sewage pollution crises.

Water bills crisis: Millions face huge price hikes

Exclusive analysis reveals water bills in England could surge by hundreds of pounds annually as companies seek massive investment funding. Discover how this affects your household budget.

Thames Water: Temporary Renationalisation Looms

As Thames Water teeters on the brink of collapse, temporary state control appears increasingly inevitable. Explore the financial quagmire and why renationalisation might be the least worst option for Britain's largest water company.

New Water Rules to Save UK Families £100 a Year

Millions of British households are set for cheaper water bills as regulators unveil a major crackdown on water company profits, promising significant savings and cleaner rivers.

Water Bills to Rise by £19 a Year from April 2025

Households across England and Wales face an average £19 increase in their annual water bills starting April 2025, as regulator Ofwat approves the rise to fund critical infrastructure and environmental improvements.

Anglian Water hit with £2.65m Ofwat penalty

Anglian Water has been hit with a £2.65 million penalty by regulator Ofwat for missing key performance targets on pollution and customer service, impacting millions in the East of England.

Thames Water crisis deepens as Ofwat rejects 40% bill hike

Britain's largest water company, Thames Water, faces a deepening crisis after regulator Ofwat rejected its plea for a 40% bill increase. The decision raises the spectre of a temporary government takeover as the utility grapples with massive debt and urgen

Thames Water: Creditors propose £20bn rescue package

Major creditors have tabled a radical £20 billion restructuring plan to rescue Thames Water from administration, aiming to secure the future of Britain's largest water company and prevent a national crisis.

Thames Water on the Brink: Ofwat Rejects Bailout

Britain's largest water company, Thames Water, faces potential collapse as regulator Ofwat blocks its rescue plan. With debts soaring to £15.6bn, the government prepares for a temporary nationalisation to avert a crisis for 16 million customers.

Ofwat Rejects Thames Water Bailout, Collapse Looms

Britain's water regulator, Ofwat, has dealt a crushing blow to Thames Water's recovery plan, rejecting its plea for higher bills and lenient penalties. This decision pushes the debt-laden utility, serving 16 million customers, closer to a potential govern

Welsh Water fined £40m for data misreporting

Dŵr Cymru Welsh Water has been hit with a £40 million penalty by Ofwat for providing inaccurate sewage treatment and leakage data, in one of the largest fines ever issued to a UK water company.

Thames Water agrees £75m fine payment plan for sewage offences

Thames Water has struck a crucial deal with regulators to pay a £75m fine for sewage spills and illegal dividends through a multi-year payment plan, averting immediate financial crisis but facing intense scrutiny over its environmental record and financia

Govt plans emergency Thames Water takeover amid debt crisis

Exclusive: Ministers and regulators prepare contingency plan for Thames Water's potential collapse as Britain's largest water supplier struggles under massive debt burden, raising concerns about bills and service delivery.

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