New report warns chronic under-investment in water infrastructure puts US economy at risk
A new report is warning that the United States is under-investing in its drinking water and wastewater systems — putting American households and the US economy at risk.
S&P Global Ratings warns water conflicts are heightening geopolitical and social tensions
S&P Global Ratings is warning that as climate change increases the volatility of water volumes – exacerbating drought-flood cycle issues in recent years – water conflicts are coming to the fore, and heightening geopolitical and social tensions.
Fitch Ratings downgrades Yorkshire Water ratings
Fitch Ratings has downgraded Yorkshire Water Service Finance's and Yorkshire Water Finance plc's senior secured class A debt rating to 'A-' from 'A', and subordinated class B debt rating to 'BBB' from 'BBB+'.
National Infrastructure Commission Chair calls for creation of UK infrastructure bank
Chair of the National Infrastructure Commission (NIC) Sir John Armitt has written to Chancellor Rishi Sunak calling for the creation of a UK bank with an explicit focus on infrastructure as a domestic replacement for the European Investment Bank.
Fitch Ratings warns coronavirus fallout is adding to UK water revenue pressures
Fitch Ratings is warning that the fallout from coronavirus, including delayed customer payments, increased bad debts and modified consumption volumes, will temporarily reduce cash flow, liquidity and covenant headroom of UK water companies in this financial year.
Thames Water - credit ratings downgrade reflects pressure from Ofwat's "challenging" PR19 Final Determination
Fitch Ratings has downgraded the credit ratings of Thames Water’s holding company Kemble Water Finance Ltd and revised its Issuer Default Rating to Negative, reflecting pressure on Kemble's and Thames Water’s financial profiles as a result of Ofwat’s challenging Final Determination on the company’s AMP7 business plan.
UN warns coronavirus pandemic set to drive down global foreign direct investment by 30%-40% in 2020
The latest United Nations Conference on Trade and Development (UNCTAD) assessment is warning that the coronavirus pandemic is set to cause a dramatic drop in global foreign direct investment, driving it down by 30%-40% in 2020.
Moody's affirms Southern Water's Baa3 rating and stable outlook for AMP7
Moody's ratings agency has affirmed the Baa3 senior secured debt ratings of Southern Water Services (Finance) Ltd, whose issuance is guaranteed by Southern Water. The rating outlook is stable.
Budget 2020 – Chancellor announces £multi billion funding for flood infrastructure and natural habitats
New Chancellor Rishi Sunak has set out details of additional funding for flood infrastructure in the UK in today’s Budget speech, together with announcing the establishment of a new Nature for Climate Fund.
Fitch Ratings agency downgrades Wessex Water
Fitch Ratings agency has has downgraded Wessex Water to 'BBB' from 'BBB+' and holding company Wessex Water Ltd's (WWL) Long-Term Rating to 'BBB-' from 'BBB' – the outlook is stable.
News Showcase
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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
- Scottish Water reports second best operational year on record - despite extreme weather
- Northumbrian Water set to start work on major £6 million investment to help reduce storm overflow spills in Newcastle
- Thames Regional Flood and Coastal Committee sets out strategy to manage flood and coastal erosion risk over next decade
- United Utilities welcomes £975 million investment boost to power North West growth
- Ofwat confirms provisional approval of £3.4 billion of further funding for 13 water companies
- United Utilities - giant tunnel boring machine emerges at Knutsford after completing underground drive
Watch
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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.
Top Stories
- Scottish Water reports second best operational year on record - despite extreme weather
- Thames Regional Flood and Coastal Committee sets out strategy to manage flood and coastal erosion risk over next decade
- Ofwat confirms provisional approval of £3.4 billion of further funding for 13 water companies
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