Environment Agency Minister Steve Reed has asked Ofwat to assess £1.3 million payments to Yorkshire Water CEO Nicola Shaw “as a matter of urgency”.
Defra Secretary of State the Rt Hon Steve Reed MP will appear in person before the House of Commons Select Committee on Environment, Food and Rural Affairs tomorrow where he will face questions on the water sector and the situation at Thames Water.
The House of Lords was warned last week that the designation of private equity firm Kohlberg Kravis Roberts (KKR) as preferred bidder would “inevitably multiply problems” for Thames Water.
What is to be done about the UK’s failing utilities? Listen to Professor Dieter Helm explore the options to tackle the UK’s failing utilities – Thames Water, the Royal Mail and Network Rail in particular.
The Chief Executives and Chairs of both Thames Water and Ofwat endured intensive questioning yesterday from the House of Commons Environment Food and Rural Affairs Committee in a compelling live evidence session which at times made for uncomfortable viewing.
The House of Commons Environment Food and Rural Affairs Committee has published the timetable for tomorrow’s evidence session with Thames Water and Ofwat.
The situation at Thames Water will be examined by the Environment Food and Rural Affairs Committee this morning at 9.15am when it questions the responsible government minister and the Chief Executives from the company and water sector regulator Ofwat.
Water sector regulator Ofwat has issued a statement this evening commenting on Thames Water's financial resilience, saying the water company has "strong liquidity."
Following consultation, Ofwat has today confirmed that Thames Water will pay £65 million back to its customers as part of a total package of payments and penalties worth £120 million.
Bazalgette Finance plc has announced that Bazalgette Tunnel Ltd, the company responsible for the construction of the Thames Tideway Tunnel, has signed an agreement with four institutional investors from the US for the placement of £300 million notes with maturity date 2032.
ABB has launched AquaMaster+™, a digital platform for smart water network management, designed to help water utilities monitor, analyze and manage their water networks, preventing pipeline water losses and optimizing operations.
Craig Nienaber, Business Development Manager for Safe Access Solutions (SAS) at HUBER Technology, explores why the company is seeing a growing level of interest in its safe access solutions for critical infrastructure providers, including their application in wastewater treatment assets.
Albion Water, the first NAV (New Appointment & Variation) to have been established in1999 and now under the ownership of SDS Water Group, has appointed Andy Holland as its new Director of Business Development.
UK water companies are invited to join an upcoming webinar which will explore how the sector can take indirect potable reuse (IPR) from concept to full-scale operational reality.