18 Sep 2024

Following last week’s publication of the Water (Special Measures) Bill, the government has given a clearer indication of the importance of water sector investment in the delivery of growth and job creation. The Secretary of State for Environment, Food, and Rural Affairs, Steve Reed and Financial Secretary to the Treasury, Lord Livermore hosted a roundtable […]

05 Sep 2024

Water UK, the trade association for the water industry, has published its response to Ofwat’s recent draft determination, which gives the economic regulator’s initial view of water company business plans for the forthcoming five year period, 2025 to 2040. In its submission Water UK urges Ofwat to back company plans in full and ensure the […]

24 Apr 2024

Thames Water has announced that is it updating its recently submitted PR24 business plan, seeking an additional £1.1 billion increase in AMP8 total expenditure to £19.8 billion. It has also proposed that a further £1.9 billion of potential investment is placed into a “Deliverability Assessment Mechanism”. This would increase annual average customer bills by a […]

25 Oct 2023

Ofwat has published key facts from water companies’ business plans 2025-2030, with information on proposed increases in investment and customer bills. The regulator is currently scrutinising these plans, including looking at water companies’ ambition for customers and the environment and the affordability of plans for customers. The proposals could see bills increase significantly by 2030, […]

08 Feb 2023

Average yearly water and sewerage bills in England and Wales are forecast to rise by £31 (7.5%) to £448 in the forthcoming year, below inflation (November CPIH inflation, which regulators set as the benchmark, was 9.3%). Water bills remain lower, in real terms, than they were a decade ago. Read more at Water UK The […]