Fitch Ratings - UK water sector expenditure set to more than double in AMP8
The UK water sector's total expenditure (totex) is likely to more than double in the upcoming AMP8 2025-2030 regulatory period, according to Fitch Ratings latest UK Water - Relative Credit Analysis report released this morning.
Moody’s warns UK water sector outlook remains negative
In its January overview of the 2024 Outlook for the UK water sector, Moody’s is warning that the outlook remains negative, reflecting rising social risks.
United Utilities submits £13.7 billion AMP8 business plan proposals for 2025-30
United Utilities has today submitted its draft AMP8 £13.7 billion business plan proposals for 2025-30 to water sector regulator Ofwat.
Direct Procurement for Customers in PR24 - Ofwat issues technical discreteness guidance on criteria for DPC schemes
Ofwat has issued its final guidance on the assessment of the technical discreteness of projects to be delivered by Direct Procurement for Customers (DPC )– the regulator expects water companies to use the updated guidance in their PR24 business plans and within RAPID schemes.
Fitch downgrades Thames Water IDR and senior secured debt to 'B' and revises Outlook to Negative
Fitch Ratings has downgraded Thames Water’s holding company Kemble Water Finance Limited's (Kemble) Long-Term Issuer Default Rating (IDR) to 'B' from 'B+' and senior secured debt rating to 'B' from 'B+'. The Outlook on the IDR is Negative.
Turner & Townsend appointed as Lead Commercial Partner on Northumbrian Water framework
Turner & Townsend has been appointed as Lead Commercial Partner on Northumbrian Water’s Strategic Commercial Framework, as the water company looks to reshape its approach to investment in the network.
Northumbrian Water Group appoints strategic technical partners for AMP7/8
Northumbrian Water Group has appointed five partners to new frameworks aimed at reshaping the way it delivers capital investment projects to support the delivery of future asset investment programmes.
Northumbrian Water Group tenders £152 million AMP7/8 contract for commercial and technical capital consultants
Northumbrian Water Group has gone out to tender with a contract for the provision of technical and commercial services relating predominantly to capital investment on both its infrastructure and non-infrastructure projects and programmes worth an estimated £152 million.
Ofwat concedes PR14 allowed return on capital for 2015-20 investment programme was “generous” to companies
Water sector regulator Ofwat says allowed return on capital was "generous to companies" in the 2014 Price Review for the AMP6 2015-2020 investment programme.
Ofwat: introduction of totex and outcomes framework in 2014 Price Review "transformative" for UK water sector
Ofwat says the introduction of the “totex and outcomes” framework in the 2014 price review (PR14) has been transformative and delivered a culture change across the water sector.
News Showcase
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Expert speaker line-up and leading exhibitors to feature at next month’s National Civils Show, Floodex, National Drainage Show & Waterways Management in London
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. -
Ovarro smart leak detection builds drought resilience worldwide
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. -
South Staffordshire Plc earns prestigious RoSPA global health and safety award
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 achieves 99.1% Responsible Sourcing on major Thames Estuary infrastructure project
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.
Expert Focus
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Other Latest News
- Costain creates tool to ‘design out’ potential carbon hotspots in infra projects at earliest possible stage
- Government proposes new financial penalties for environmental offences and bolstered powers for EA to hold water companies to account
- Specialist AI tech built by UK government helped to speed up government’s decision to abolish Ofwat
- Water innovation potential mapped at British Water Innovation Summit
- Southern Water awards £9 million AMP8 contract for wastewater networks optimisation services
- Kraken announces first water customers beyond UK, in partnership with Essential Water in Australia
Watch
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United Utilities accelerates investment to reduce spills from storm overflows across Northwest
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest. -
Working for WSP - what if you could build a career as unique as you? With us, you can
Find out more about the remarkable career opportunities on offer at WSP - scroll down to watch the inspirational video. -
What's to be done about the UK's failing utilities - is special administration the solution?
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.
Top Stories
- Government proposes new financial penalties for environmental offences and bolstered powers for EA to hold water companies to account
- Specialist AI tech built by UK government helped to speed up government’s decision to abolish Ofwat
- Ofwat agrees to Thames Water request for further referral of appeal to CMA with open-ended timescale
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