The Competition and Markets Authority (CMA) has launched a short consultation following extensive representations by the four companies appealing against Ofwat’s PR19 decisions, the regulator and other stakeholders on its Provisional Findings – specifically on the cost of capital.
Ofwat has said that the higher prices allowed by the Competition and Markets Authority in the appeals by four water companies against its Final Determinations would simply be taken by investors in the form of dividends.
Water consumer watchdog CCW is warning that customers must not lose out on the service levels and investment they value most when the Competition and Markets Authority (CMA) re-examines four water companies’ future plans.
Anglian Water has submitted its Statement of Case to the Competition and Markets Authority, following its referral of Ofwat’s Final Determination for the 2019 price review to the competition regulator.
A statement published via the London Stock Exchange this morning says that after detailed consideration, the Thames Water Board has accepted Ofwat's final determination of the company's business plan for 2020-25.
Ofwat has launched a new consultation on driving transformational innovation in the water sector as part of the development of its emerging strategy for regulating water and wastewater companies in England and Wales.
Ofwat Chief Executive Rachel Fletcher has questioned whether the water companies’ view that that they have customers at the heart of their business is a reality, not a vision.
Southern Water is looking for a number of expert advisors to provide business and management consultancy and related services in the run-up to AMP7.
Nigel Baker, managing director at Echo Managed Services, creator of multi-utility billing software, Aptumo, explores how innovative technologies can help the water companies to move from being change-led to change-driven and bring about real change in customer-facing operations.
Ofwat has today announced a number of changes to its 2019 price review (PR19) methodology, including measures aimed at cutting the rewards that come from “financial engineering” by the water companies.
Attendees at next month’s National Civils Show, Floodex, National Drainage Show and Waterways Management on 26th and 27th November are set to benefit from an expert speaker line-up and the opportunity to visit a wide range of exhibitors all co-located in one place at Excel, London, one of the UK’s leading international exhibition and convention centres.
Tackling leakage is one of the fastest and most cost-effective ways for utilities to bolster water security, writes Ben Crabtree, Product Line Director, Ovarro, revealing how the potential of smart technologies is being demonstrated around the world.
UK-headquartered South Staffordshire Plc, the integrated services group operating within the UK critical infrastructure and essential services markets, has received a prestigious Royal Society for the Prevention of Accidents (RoSPA) Award for global health and safety excellence.
Balfour Beatty, the UK’s largest construction and infrastructure provider, has delivered exceptional environmental results on the Thames Estuary Asset Management 2100 (TEAM2100) framework, one of the nation’s most ambitious flood defence initiatives.