Shareholders in utility group should also ‘take share of blame’ for failures, says parliamentary report
Clock is ticking on approving creditors’ emergency offer for utility as October deadline looms
Despite a recent price bump, valuations are still relatively low
Court declined company request for injunction to block regulator publishing its findings
Slow pace of reforms means Ofwat is likely to be influencing household bills and infrastructure for another decade
Regulator to review utility’s customer service performance with Kent and Sussex homes still lacking supplies
Ofwat scrutinising privatised utilities amid concerns about financial resilience
Pollution incidents have risen almost a third since 2020 as several companies fail to deliver on pledges
Increase follows appeals of Ofwat’s December ruling permitting average rise of 24%
David Black’s departure from Ofwat comes after government-backed report recommended scrapping the watchdog
Enticing new investment into sector will require carrots, not just sticks
Jon Cunliffe calls for abolition of regulator Ofwat but steers clear of proposing nationalisation of embattled sector
Overhaul prompted by public anger at pollution and high executive pay
Environment secretary Steve Reed outlines new pledge to halve number of sewage discharge incidents by 2030
Serious sewage spills rise 60% in England ahead of findings from Cunliffe report
Utility says proposal prepared by The Water Retail Company chief Rupert Redesdale with Muinín Holdings has ‘little credibility’
Bondholders’ rescue plan for utility hinges on waivers from regulations and fines, documents show
UK’s largest utility at risk of nationalisation after KKR walked away from £4bn rescue deal
US private equity firm’s withdrawal throws future of Britain’s largest water utility into doubt
Funds are needed to back projects to improve Britain’s crumbling water infrastructure
Ofwat is ‘too generous’ to utilities, hitting customers with £5.4bn rise in charges over five years, Consumer Council for Water says
National Audit Office says Ofwat and environment department do not know state of the assets
Investors, as well as consumers, need regulators with teeth to ensure fair competition and rules
Ofwat has ‘limited mechanisms’ to check whether infrastructure investment has been carried out
Jon Cunliffe has his work cut out with a review that will try to find a fix for problems decades in the making
