Thames Water has submitted its AMP6 Business Plan proposal to Ofwat for a total spend of £8.459 billion between 2015-20 – including £2.8 billion on the Thames Tideway Tunnel.
United Utilities Water PLC has submitted to Ofwat its AMP6 Business Plan covering the 2015-20 period – with a total expenditure of £6.6 billion made up of £3.8 billion on capital investment and £2.8 billion on operating expenditure.
Water industry regulator Ofwat has confirmed that the water companies in England and Wales have today submitted their AMP6 Business Plans for the period 2015 – 2020.
Dŵr Cymru Welsh Water has today published its £1.5 billion AMP6 Business Plan for 2015-20 and committed to keep bill increases below the rate of inflation for each of the next six years.
South West Water has published its draft £868 million AMP6 Business Plans submitted to Ofwat today – representing a 19% increase on its AMP5 spend of £730 million.
Bristol Water is forging ahead with its plans for a second reservoir at Cheddar - a planning application for the £100m-plus project is due to be submitted to Sedgemoor District Council in the third week of December.
WYG, the global project management and technical consultancy, has reported revenue growth, significant improvement in profitability, increased order book and improved cash flow with the announcement of its half year results for the six months to 30 September 2013 - and is on the look-out for acquisitions.
Thames Water has seen its pre- tax profits rise by 19.2% to £134.2m for the six-month period ended 30 September 2013 compared with £112.6 million in the previous 6 months.
Steve Corcoran, group chief executive at Speedy Hire has resigned following the announcement that a legal investigation into accounting irregularities in its international division has been launched.