All the updated news related to ses water

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City

Thames Water crisis: Which other suppliers are struggling?

Fears over the financial health of Thames Water have brought other suppliers into the eye of the storm over their debt mountains. In December, industry regulator Ofwat flagged five water suppliers whose financial resilience it was most worried about....

29 Jun 2023 at 17:36

Thames Water working to secure cash as Government draws up nationalisation plan

City

Thames Water working to secure funds as Government draws up nationalisation plan

Debt-laden utility giant Thames Water has said it is working with shareholders to secure the cash it needs after reports that ministers are drawing up contingency plans for its collapse. The company, which serves 15 million households, said on ...

28 Jun 2023 at 13:41

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 possibility of temporarily ...

28 Jun 2023 at 11:48

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 Thames Water and what ...

29 Jun 2023 at 15:07

City

Pennon’s £380m SES Water buyout likely to get green light, says watchdog

Britain’s competition watchdog has signalled it could approve Pennon’s buyout of Sutton and East Surrey (SES) Water, which would bring water services for 845,000 customers under the FTSE 250 firm’s control. The Competition and ...

14 May 2024 at 12:49

South West Water owner hands boss 58% pay hike despite pollution surge

City

South West Water owner says boss forgoes bonuses as new chairman named

Under-fire water group Pennon has revealed its chief executive saw her pay package jump 58% after picking up a £298,000 shares bonus despite seeing pollution incidents nearly double at South West Water last year. Pennon’s ...

10 Jun 2024 at 12:50

City

Pennon’s £380m SES Water takeover gets green light after competition probe

Regulators have cleared Pennon’s £350 million buyout of Sutton and East Surrey (SES) Water, meaning water services for 845,000 customers will come under the FTSE 250 firm’s control. The Competition and Markets Authority ...

14 Jun 2024 at 15:09

Ofwat: Full list of water firms ordered to pay penalties

Water companies will have to take £157.6 million in penalties off customer bills after Ofwat published its annual performance report into the sector. The report revealed firms continue to miss targets on pollution, ...

09 Oct 2024 at 11:16

Residents warned of ‘complete loss of water supply’ after treatment works fault

Residents in parts of Surrey and south London have been told they could face a complete loss of water supply after a major fault at a water company’s treatment works. Sutton and East Surrey (SES) Water said its ...

16 Dec 2024 at 22:53

Water supplies returning to ‘normal’ after treatment works fault

Residents in parts of Surrey and south London have been told water supplies are “starting to return to normal” after a major fault at a water company’s treatment works. Sutton and East Surrey (SES) Water said ...

17 Dec 2024 at 01:12

Shocks

Couple mistakenly billed £12,000 by water companies for non-existent leak describe four-year debt collection ‘torture’

A couple mistakenly billed £12,000 by two water companies for a leak that did not exist after moving into a new family home have described their four-year debt collection ordeal as “torture”. Anna Pearce, 44,...

27 Aug 2024 at 12:56

City

Pennon losses widen after South West Water’s parasite outbreak in Devon

A parasitic outbreak in Devon earlier this year pushed the owner of South West Water further into the red in the first half, after it was forced to pay compensation. London-listed company Pennon said the ...

27 Nov 2024 at 16:50

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