09 Oct 2024
Ofwat’s latest Water Company Performance Report covering the 16 largest water and wastewater companies in England and Wales shows that “companies are making progress in some areas, but in other areas performance is unacceptable”. Credit: Tom Fisk Key points Poor performance costs water sector £157.6m this year as companies fall further behind on some […]
09 Oct 2024
The Environment Agency has published analysis of the water resources management plan annual review submissions from water companies across England for the period April 2023 to March 2024. Credit: Tom Fisk According to the Agency, this reporting year’s wet weather has provided respite for the industry following the widespread drought conditions in 2022. […]
09 Oct 2024
A coalition of nature groups (including Wildlife and Countryside Link, Rivers Trust, The Wildlife Trusts and Angling Trust) has released analysis of water company business plans for the next five years, recently given draft approval by Ofwat. The scorecard recognises much needed commitments and funding increases in many vital areas, but also shows gaps in water protections […]
09 Oct 2024
A report commissioned by Ofwat provides insight on how the Water Efficiency Fund proposed for AMP8 could be used to help improve the outcomes from the rollout of smart water meters, based on lessons from the energy sector. Ofwat is working with partners to consider the recommendations from the report as the regulator develops its […]
09 Oct 2024
Water companies’ failure to deal with customers’ concerns over environmental performance and water meters has fuelled a steep rise in complaints to the consumer watchdog. Credit: The Climate Reality Project The Consumer Council for Water (CCW) saw the number of complaints which had to be escalated to it by household customers in England […]
02 Oct 2024
The Guardian reports that the new Labour government used “economically illiterate” analysis paid for by water companies in order to argue against the nationalisation of the sector in England. In an official letter recently sent to anti-sewage groups, civil servants cited a paper by the Social Market Foundation as a reason to avoid nationalisation as part of […]
25 Sep 2024
Reported in City AM Singapore’s sovereign wealth fund has reportedly told the government that it will not invest in regulated UK water, electricity and gas utilities due to unpredictable rules on infrastructure, in a blow for Labour’s economic strategy. GIC, the world’s seventh-largest sovereign wealth fund with more than $800bn (£600bn) in assets, declared its […]
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 […]
Prev