All the updated news related to ofwat

All the news related to ofwat updated in real time

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City

Water bosses ‘should have pay scrutinised’ after rivers found to be dirty

Water bosses whose companies dump sewage in the UK’s waterways should have their bonuses reined in, the head of regulator Ofwat has said. In a letter to company boards, David Black said they need to ensure chief executives are given bonuses that ...

21 Feb 2022 at 13:55

Ofwat chief defends water regulation regime

The head of Ofwat has defended water regulation, saying targets for areas such as leaks are “challenging but achievable”. David Black, chief executive of the water regulator for England and Wales, said he does have concerns about the ...

16 Aug 2022 at 11:00

Water regulator calls on firms to support customers as half face struggle to pay

The water regulator has called on suppliers to do more to help customers facing debt as it found just over half believe they will struggle to pay a utility bill over the coming year. Under Ofwat’s new guidelines, firms must offer ...

25 May 2022 at 15:40

City

Households to see almost £150m taken off water bills after 11 firms fined

Households are to see almost £150 million taken off their water bills after 11 water suppliers have been hit by fines, regulator Ofwat has announced. Ofwat said that the utility companies have been fined for missing targets in ...

03 Oct 2022 at 09:17

Water firms failing to meet agreed investment in networks – Ofwat

Water firms are failing to invest as much as they promised to fix their networks, including improving sewage treatment and reducing spills into the environment, the regulator has warned. Ofwat said between 2020 and 2022, 14 ...

06 Dec 2022 at 11:37

Water bosses ‘should be barred from working in the sector’ if companies pollute

Water company bosses should be barred from working in the sector if their companies are responsible for serious pollution incidents, a House of Lords committee has recommended. The Industry and Regulators Committee said it ...

22 Mar 2023 at 00:01

City

Water firms set for tougher rules on bonuses for top bosses

Water companies are facing tougher rules on bonuses for top bosses under plans outlined by the industry watchdog to ensure payouts are only made when environmental and customer service targets are met. Ofwat said its new ...

30 Mar 2023 at 11:42

Lib Dem councils urged to launch sewage-dumping inquiries after election gains

Liberal Democrat councils have been urged to launch a series of inquiries into sewage-dumping as the party claimed there were nearly 15,000 spills in the areas where it gained formerly Conservative seats. Sir Ed Davey ...

10 May 2023 at 00:01

City

Who owns Thames Water, how much money does it owe and what might happen next?

The Government is on stand-by to step in should struggling utility Thames Water collapse. As reports emerged this week that the company needs more money to survive, the PA news agency looks at the problems facing ...

29 Jun 2023 at 15:07

Chancellor to meet watchdogs amid concerns over profiteering from inflation

Chancellor Jeremy Hunt will question consumer watchdogs on Wednesday over what powers they can use to help lower prices as concerns grow that firms are exploiting rampant inflation to boost their profits. He is ...

28 Jun 2023 at 02:45

City

Contingency plans being drawn up for possible collapse of Thames Water – reports

The Government is reportedly drawing up contingency plans for the emergency nationalisation of Thames Water as concerns grow over its mammoth £14 billion debt pile. Ministers are said to be in talks about the ...

28 Jun 2023 at 11:48

City

Thames Water customers ‘will not pay higher bills’ to cover debt issues

Thames Water customers will not face bigger bills to cover higher interest payments on the troubled supplier’s debt pile, bosses have told MPs. Water regulator Ofwat also stressed that the supplier’s ...

12 Jul 2023 at 12:57

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