Thames Water - report says Ofwat created "twisted" incentives for management to “run company into the ground to maximise short term returns & leave it, bloodless, to next set of owners”
A new report is suggesting that Ofwat created "twisted" incentives for management to “run the company into the ground to maximise short term returns and leave it, bloodless, to the next set of owners” and that investors should have spotted three key red flags.
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.
Ofwat : direction of error on financing in last 20 years consistently favoured water firms - not customers
In her last speech as Chief Executive at Ofwat, Cathryn Ross has said that in the world of financing costs, over the past twenty years the direction of error has been consistently in favour of companies rather than customers.
Severn Trent calls for ODIs to be strengthened in PR19 and “output type incentives” to be considered
Severn Trent Water is calling for Ofwat to explore the scope for increasing the scale of Outcome Delivery Incentives (ODIs) in the 2019 Price Review, the possibility of a variable WACC, potential together with the potential reintroduction of “output type incentives” to address longer term challenges like resilience.
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Albion Water appoints new Director of Business Development
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. -
Webinar to explore moving indirect potable water reuse to full implementation
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. -
Kohtari CEO says joined-up water intelligence needed to predict, not just react - not more data
James Sumsion, CEO of predictive water intelligence specialists Kohtari, says the water sector needs to take a giant leap forward, so that it can anticipate and act upon water quality issues - rather than merely react. -
IED compliance – using automated sliding floodgates to support secondary containment at water and sewerage company sites
Ray Moulds, Sales Director at Flood Control International, takes a look at how automated sliding floodgates are supporting secondary containment at water and sewerage company sites.
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Other Latest News
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- John Halsall starts as Chief Executive Officer at South East Water
- Doncaster smart meter exchange starts as Yorkshire Water hits 250,000 installation milestone
- Scotland – more areas move into water scarcity as prolonged dry weather continues
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Scottish Water completes £235m investment in two-way connection between drinking water networks
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply. -
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.
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