New research from the Green Alliance suggests that England’s flood strategy is failing – the think tank is warning that a new approach urgently needed from government to protect communities and stop costs spiralling. 

Thames Water’s  underlying profit before tax has fallen to £127.3 million for the six months ended  30 September 2016, compared to £216.8 million for the same period last year, according to its interim results published today.

Pennon Group, owners of South West Water and Bournemouth Water has announced details of new retail joint venture for business customers with South Staffs/Cambridge Water with the publication of its half year results for the six months ended 30 September 2016.

Severn Trent has responded to a rival takeover bid for Dee Valley Water by  investment firm Ancala Fornia by increasing its initial offer which valued Dee Valley at £78.5 million to £84 million.

Severn Trent Water is on track to achieve £670 million of totex efficiencies across AMP6, with a further £50 million of efficiencies now locked in, according to its half year results for the six months ended 30th September published today.

Ofwat has published the the first full report produced under its financial monitoring framework which sets out the regulator’s analysis of the relative performance and financial strength of the water and wastewater companies in England and Wales.

United Utilities is continuing with its acceleration of capital investment in AMP6,  with a total of  £383 million invested in the first half and around £800 million planned for the full year, according to its half year results for the six months ended 30 September 2016 published today.

The Environment Agency has announced a new five-year plan to better protect York against flooding - the options  are based on the Agency's ambition to achieve a consistent standard of flood protection across the city.