Thames Water has this morning announced that a supplemental expert witness report by Matt Cowlishaw of Teneo Financial Advisory Ltd in relation to the likely outcome for creditors under its proposed restructuring plan has been made available to the plan creditors, prospective buyers, transferees and sub-participants of thet debt.

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.

Severn Trent has today announced its intention to conduct a non-pre-emptive placing through the issue of new ordinary shares, Retail Offer shares and Subscription Shares to raise approximately £250 million following Ofwat's decision to endorse an award to Severn Trent of £565 million (2017/18 prices) for its Green Recovery proposals.

Ofwat looks set to reduce the level of its reporting requirements from water and wastewater companies in England and Wales.

Following the announcement of the government's Real Help for Business Programme in January, Capital for Enterprise Fund Managers has announced the final closing of the Capital for Enterprise Fund - a £75m fund of funds.

Balfour Beatty has announced that existing shareholders have bought 97 per cent of 199.5 million new shares created to buy Parsons Brinckerhoff, with the remaining 6 million bought by other investors.