Pennon Group trading update - strong investment grade credit rating secured and launch of £2.5 billion EMTN programme in July
Pennon Group’s latest trading update published this morning has flagged up its strong investment grade credit rating and the launch of its £2.5 billion Euro Medium Term Note (EMTN) programme in July with an inaugural £400 million public bond issuance.
House of Commons Select Committee raises concerns over Water Companies Pension Scheme
Stephen Timms MP, Chair of the House of Commons Work & Pensions Committee, has written to the Trustees of the Water Companies Pension Scheme to raise concerns about its decision to pay a £12 million scheme surplus to an employer, Bristol Water, instead of using the surplus to boost members’ pensions.
Pennon Group – profits up and resilient operational and financial performance
Owners of South West Water and Bristol Water Pennon Group have reported a rise in profits and resilient operational and financial performance with the publication this morning of its results for the first half of 2021/22.
May Gurney awarded £20m pa contract by Bristol Water
May Gurney has been awarded a new 16-month contract with Bristol Water worth £20m per annum.
Ofwat consults on Bristol Water acquisition
Water industry regulator Ofwat has launched a new consultation on the completed acquisition of a 70% stake in Bristol Water by Canada-based Capstone Infrastructure Corporation.
News Showcase
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Webinar to explore moving indirect potable water reuse to full implementation
UK water companies are invited to join an upcoming webinar which will explore how the sector can take indirect potable reuse (IPR) from concept to full-scale operational reality. -
Kohtari CEO says joined-up water intelligence needed to predict, not just react - not more data
James Sumsion, CEO of predictive water intelligence specialists Kohtari, says the water sector needs to take a giant leap forward, so that it can anticipate and act upon water quality issues - rather than merely react. -
IED compliance – using automated sliding floodgates to support secondary containment at water and sewerage company sites
Ray Moulds, Sales Director at Flood Control International, takes a look at how automated sliding floodgates are supporting secondary containment at water and sewerage company sites. -
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.”
Expert Focus
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Other Latest News
- Places for People Group Ltd tenders £294.8 million National Groundworkers Framework contract
- Environment Agency tenders £600k contract for visual asset inspector accreditation for flood, coastal and environmental assets
- Cambridge City Council to hold second round of Preliminary Market Engagement meetings for proposed City Centre District Heating Network
- Southern Water launches £30 million programme in Thanet to modernise water network
- New financial penalties introduced in government's latest crackdown on water companies
- Thames Water highlights challenges and costs of removing concrete dumped in sewer network
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.
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