In the run up to competitive retail market opening for business customers in 2017, Ofwat has concluded that current licence holders will be required to apply for either or both of the new retail licences that they wish to hold.

A new report by the European Environment Agency (EEA) is warning that annual flood losses can be expected to increase fivefold by 2050 and up to 17‑fold by 2080.

Fitch Ratings is warning that UK water sector reforms proposed in December would weaken the credit profiles of regulated utilities by increasing business risk – and the sector faces a rising risk of political intervention.

Highways England’s shortlisted routes for the proposed Lower Thames Crossing could potentially increase the level of flood risk, according to an environmental appraisal which forms part of a number of background documents published at the start of a public consultation this week.

Water industry regulator Ofwat has launched a new consultation on how the water companies should demonstrate their long term financial resilience.

The House of Commons Environment, Food and Rural Affairs Committee has today announced an inquiry into future flood prevention in England following severe flooding this winter.

Four former chairs of UK environment agencies are among an influential group of environment and conservation experts who have written to the Defra Secretary of State Liz Truss, to voice their concerns about the risks to the environment if Britain leaves the EU.

Portsmouth Water has selected Castle Water as its partner to provide billing and associated services for its business customers in the run-up to the introduction of competition in water retail services in 2017 – at which point the water company will exit the business retail market.