Tue, Sep 01, 2026
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Company News

Not-for-profit utility Dŵr Cymru Welsh Water has today confirmed that its average household bill for 2014/15 will increase below the rate of inflation for the fifth consecutive year.

Kier Group plc, the integrated construction, services and property group, has announced that its order book now stands at £3.6 billion with the publication today of its Interim Management Statement covering the period from 1 July 2013 to date.

 

Portsmouth Water's formal Statement of Response to representations on its Draft Water Resources Management Plan has confirmed that the company  is not anticipating any major capital expenditure will be required in the short/medium term.

 

Royal Imtech has now confirmed that its financial backers have agreed to extend its covenant holiday.

 

An article in yesterday's Sunday Times newspaper says that ‘knives are out"’ for the water companies and that current calls by MPs and Ofwat to cut household water bills could sink the most debt-laden.

Thames Water Commercial Services  has become the first business and non-regulated services arm of an existing Water UK member to join as a separate member.

Reduncancies continue at Royal Imtech as part of the major restructuring program announced in April 2013, while the Netherlands-headquartered Group is currently negotiating with its most important financiers on its financing agreements.

The Government is being formally challenged to review its decision on the Thames Tideway Tunnel.

Leading global water technology company Xylem has announced today that it has signed a cooperation agreement with WaTech®, the technological development centre of Mekorot, Israel’s national water company, to evaluate new water technologies and accelerate commercialization of innovative products and services. 

 

Haweswater-aqueduct-constructionA 280-strong team of specialist contractors has undergone rigorous training at a purpose built simulation facility in preparation for a £22 million  survey of one of the UK’s largest and most important water pipes, United Utilities’ Haweswater aqueduct.

 

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