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UK privatisation

  • Monday, 13 April, 2026
    Utilities
    Five UK water companies spent more than £32mn on appeal to raise bills

    Utilities argued for additional increases to attract investors and avoid breaching licence conditions

    Ofwat sets out how much utilities can charge for water every five years
  • Monday, 26 January, 2026
    Utilities
    Water companies press for faster abolition of regulator

    Slow pace of reforms means Ofwat is likely to be influencing household bills and infrastructure for another decade

    A hand holds a glass overflowing with water and bubbles as it is filled from a kitchen tap.
  • Friday, 28 November, 2025
    Thames Water
    Thames Water’s lenders are not offering enough

    The water industry regulator should not let the utility’s bondholders take control too easily

    John Gapper
    Aerial view of Coppermills Water Treatment Works, showing large tanks and reservoirs surrounded by green spaces and urban buildings.
  • Friday, 31 October, 2025
    Utilities
    What exactly are we paying for? The UK’s legacy of privatising utilities

    All-round expertise is lacking, but urgently needed to run key public services efficiently

    Illustration of a grid of symbols for utilities and services including a plug, a telephone, a train and a tap
  • Thursday, 4 September, 2025
    The State of Britain
    British railways face an uncertain future under state ownership

    Plus, how the fuel cap is distorting transport costs

    Premium content
    A South Western Railway train at Hampton Court station, with passengers boarding and walking along the platform.
  • Monday, 21 July, 2025
    UK infrastructure
    Water regulator Ofwat to be abolished after official review

    Overhaul prompted by public anger at pollution and high executive pay

    Jon Cunliffe, former deputy governor of the Bank of England
  • Sunday, 15 June, 2025
    Utilities
    UK water industry needs ‘root and branch reform’, MPs say

    Cross-party group calls for ministers to consider bringing Thames Water under temporary state control

    Thames Water staff member works outside homes in London
  • Friday, 30 May, 2025
    NatWest Group
    NatWest returns to full private ownership 17 years after £46bn UK bailout

    Government sells final shares after rescue at height of financial crisis

    A sign outside the entrance to a NatWest  bank branch in London
  • Friday, 16 May, 2025
    UK infrastructure
    Lex. Ofwat’s new water plan stores up a reservoir of trouble

    Luring new backers into the sector has its attractions, but risks fragmenting the system further

    Premium content
    An overflow pipe releases water into the River Thames
  • Wednesday, 7 May, 2025
    UK infrastructure
    Consumer watchdog calls for review of water bills in England and Wales

    Ofwat is ‘too generous’ to utilities, hitting customers with £5.4bn rise in charges over five years, Consumer Council for Water says

    Water runs from a tap
  • Tuesday, 29 April, 2025
    Thames Water
    Macquarie ‘very proud’ of Thames Water ownership

    Debt-laden utility a ‘better business after our stewardship’, says executive from Australian group

    Thames Water vans
  • Thursday, 6 March, 2025
    Thames Water
    Thames Water has to keep borrowing and carry on

    The public water utility cannot avoid a debt refinancing, despite the horrifying expense

    John Gapper
    Weir on the River Thames
  • Sunday, 16 February, 2025
    Infrastructure investment
    The FT View. Time to put Thames Water out of its misery

    The government should place the struggling utility into special administration

    The editorial board
    Protesters outside City Hall in London holding signs saying ‘Thames Water - pure filth’
  • Saturday, 15 February, 2025
    Thames Water
    The 5 hectic weeks that will define Thames Water’s future

    Key dates are looming for the UK’s biggest water company

    Demonstrators protest outside the Royal Courts of Justice’s Rolls Building in London, England on February 3 2025
  • Friday, 7 February, 2025
    Thames Water
    Judge slams Ofwat and government for not attending Thames Water hearing

    Court will decide whether to approve emergency £3bn loan for UK’s biggest water utility

  • Thursday, 19 December, 2024
    Utilities
    Explainer. Why UK water regulator’s decision on bills is set to stoke turmoil

    Ofwat has not given heavily indebted Thames Water the increase in customer payments it was seeking

    Campaigners against Thames Water outside the High Court on December 17, 2024 in London
  • Tuesday, 17 December, 2024
    Property sector
    UK government pays £6bn to end privatisation of military housing

    Ministry of Defence to save £230mn in rent every year by buying back 36,000 properties sold off in 1996

    A soldier returned safely from Afghanistan, heads home with his family
  • Friday, 13 December, 2024
    UK politics
    Reform UK calls for Thames Water to be renationalised

    Populist party’s deputy leader says heavily indebted utility should ‘be put out of its misery’

    Thames Water vans parked on a road in London, England
  • Monday, 9 December, 2024
    UK outsourcing
    The benefits and limits of privatisation

    We can draw important lessons from the UK’s varied experience

    Martin Wolf
    Holidaymakers play and relax on Borth Beach next to a storm overflow pipe that discharges into the sea
  • Thursday, 28 November, 2024
    Rail
    Can nationalisation fix England’s rail network?

    Move by Labour government will trigger a wave of state takeovers in the struggling, cash-strapped sector

    Montage of a train superimposed on top of a graphic
  • Wednesday, 23 October, 2024
    Rail
    Labour to end profit incentive for rail operators in run-up to nationalisation

    Train bosses accuse UK government of being ‘ideological’ over ending post-Covid scheme letting them keep more cash

    GWR trains on the platform at Paddington station in London
  • Tuesday, 22 October, 2024
    Water Services Regulation Authority UK
    Ofwat could be scrapped in sweeping review of failing UK water industry

    Environment secretary says new commission will consider all options regarding water regulator

    Environment secretary Steve Reed
  • Monday, 9 September, 2024
    UK nationalisation
    England ‘bus revolution’ will need more investment, Labour warned

    Plans to give councils the power to run their own services require extra funding, say operators and local authorities

    Passengers climb aboard a bus as it travels down the North Yorkshire coast between Saltburn By The Sea and Whitby
  • Thursday, 2 May, 2024
    London fights for its future
    State-backed Coutts plans shift away from UK equities

    Move by NatWest’s private bank comes as government tries to revive London market amid taste for US listings

    Coutts HQ window
  • Friday, 26 April, 2024
    UK nationalisation
    Labour plans to retain key private sector role in Britain’s nationalised railways

    Party has no proposals for state involvement in companies that own trains

    Sir Keir Starmer and shadow transport secretary Louise Haigh during a visit to the Hitachi rail manufacturing plant in Newton Aycliffe
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