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.
News Showcase
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Making storm overflow data make Sense – Metasphere launches dedicated monitoring device
With the UK government demanding a 50% reduction in storm overflow spills by 2029, the era of reactive management is over. Speaking in the House of Commons on 21 July 2025, then environment secretary Steve Reed said, “This Government will cut water companies’ sewage pollution in half by the end of the decade.” -
King’s Award for Enterprise shows ERG moving forward with growth in UK and Asia
ERG, the leading supplier of odour control systems and industrial gas cleaning & thermal systems, has been awarded the coveted King’s Award for Enterprise. -
Welsh Water’s ORAI system shortlisted for three categories at the British Data Awards 2026
Welsh Water’s new artificial intelligence-driven tool, ORAI, has been shortlisted for three categories at the prestigious British Data Awards 2026 – underscoring the company’s commitment to using cutting-edge technology to deliver better outcome for customers. -
Barhale completes two Rapid Action Taskforce Spills projects for Severn Trent
Barhale has completed work on two separate Rapid Action Taskforce Spills projects it is carrying out for Severn Trent.
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Other Latest News
- South East Water publishes progress update on Resilience Plan - “We've moved away from treating resilience as a standalone initiative”
- Arup on the next water transition: designing resilient water systems for an age of extremes
- Lords Committee warns taps could run dry if Government doesn’t act on drought threat - “England at risk of sleepwalking into serious water scarcity"
- Chancellor announces further reforms on judicial review of major infrastructure projects
- NSF ends UK’s three-year testing gap with REG 31 DWI testing accreditation
- Severn Trent flags up forthcoming £8.4 million tender for digestor roof replacement design & build works
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
- Arup on the next water transition: designing resilient water systems for an age of extremes
- Lords Committee warns taps could run dry if Government doesn’t act on drought threat - “England at risk of sleepwalking into serious water scarcity"
- Chancellor announces further reforms on judicial review of major infrastructure projects
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