29 Oct 2020
PR19 appeals – Ofwat rejects CMA proposals and warns water customers could pay more Ofwat has warned that customers will pay more on their water bills and investors could scoop up the extra as higher dividend pay-outs if the Competition and Markets Authority confirms its position on the price review appeals by four water companies. The […]
25 Jul 2019
Defra: There has been widespread coverage this morning following Ofwat setting out a major package of investment to signal a new era for what the water sector delivers for customers and the environment. This has been covered in the Financial Times, Guardian, Mirror, Independent, Telegraph, Daily Mail, BBC, ITV and Sky News. Proposals unveiled involve water […]
16 Apr 2019
Ofwat has published its draft determinations for three fast track firms. from WaterBriefing Following the publication of Ofwat’s draft decisions on business plans put forward by United Utilities, South West Water and Severn Trent, 7.9 million households in the North West, South West and Midlands could see their water bills fall by as much as […]
13 Feb 2019
A recent Parliamentary debate in the House of Commons on the future of the UK water sector saw calls for the water companies in England to be based on the Scottish Water public sector model or the Welsh Water ownership model with “democratic public ownership” via new consumer and employee trusts. Gareth Thomas (Harrow West) […]
05 Feb 2019
OFWAT Initial assessment of plans We set high expectations for water companies at PR19. We pushed them to go further than ever before, improving efficiency, customer service and resilience. We asked them to share financing gains with customers and to ensure that dividend and executive pay policy is aligned to delivering for customers. We asked […]
05 Sep 2018
Water UK ‘The water industry in England has set out an ambitious new vision for the 2020s with the publication (3 September 2018) of a Manifesto for Water. It reveals plans for a major investment programme in services, a significant cut in leakage, an overall real-term reduction in bills, and a big increase in help […]
04 Jul 2018
BBC: Water companies have damaged trust, regulator Ofwat says. High levels of payments to bosses and investors by water companies have damaged customer trust, the regulator Ofwat has said. It has published new rules that will force firms to explain how executive pay is linked to performance and to prioritise customers’ interests. Companies paying dividends […]
17 Apr 2018
Thanks to: Nathan Richardson & Fiona Bowles Nathan Richardson, Senior Water Policy Officer RSPB: “In headline terms the National Environment Programme (WINEP3) looks like a strong programme. We are pleased to see continued investment by the water sector to meet WFD 2027 getting to good status deadline alongside action to avoid deterioration in status. Indeed, […]
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