Fitch Ratings - UK water sector expenditure set to more than double in AMP8
The UK water sector's total expenditure (totex) is likely to more than double in the upcoming AMP8 2025-2030 regulatory period, according to Fitch Ratings latest UK Water - Relative Credit Analysis report released this morning.
Moody’s warns UK water sector outlook remains negative
In its January overview of the 2024 Outlook for the UK water sector, Moody’s is warning that the outlook remains negative, reflecting rising social risks.
United Utilities submits £13.7 billion AMP8 business plan proposals for 2025-30
United Utilities has today submitted its draft AMP8 £13.7 billion business plan proposals for 2025-30 to water sector regulator Ofwat.
Direct Procurement for Customers in PR24 - Ofwat issues technical discreteness guidance on criteria for DPC schemes
Ofwat has issued its final guidance on the assessment of the technical discreteness of projects to be delivered by Direct Procurement for Customers (DPC )– the regulator expects water companies to use the updated guidance in their PR24 business plans and within RAPID schemes.
Fitch downgrades Thames Water IDR and senior secured debt to 'B' and revises Outlook to Negative
Fitch Ratings has downgraded Thames Water’s holding company Kemble Water Finance Limited's (Kemble) Long-Term Issuer Default Rating (IDR) to 'B' from 'B+' and senior secured debt rating to 'B' from 'B+'. The Outlook on the IDR is Negative.
Turner & Townsend appointed as Lead Commercial Partner on Northumbrian Water framework
Turner & Townsend has been appointed as Lead Commercial Partner on Northumbrian Water’s Strategic Commercial Framework, as the water company looks to reshape its approach to investment in the network.
Northumbrian Water Group appoints strategic technical partners for AMP7/8
Northumbrian Water Group has appointed five partners to new frameworks aimed at reshaping the way it delivers capital investment projects to support the delivery of future asset investment programmes.
Northumbrian Water Group tenders £152 million AMP7/8 contract for commercial and technical capital consultants
Northumbrian Water Group has gone out to tender with a contract for the provision of technical and commercial services relating predominantly to capital investment on both its infrastructure and non-infrastructure projects and programmes worth an estimated £152 million.
Ofwat concedes PR14 allowed return on capital for 2015-20 investment programme was “generous” to companies
Water sector regulator Ofwat says allowed return on capital was "generous to companies" in the 2014 Price Review for the AMP6 2015-2020 investment programme.
Ofwat: introduction of totex and outcomes framework in 2014 Price Review "transformative" for UK water sector
Ofwat says the introduction of the “totex and outcomes” framework in the 2014 price review (PR14) has been transformative and delivered a culture change across the water sector.
News Showcase
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Barhale completes two Rapid Action Taskforce Spills projects for Severn Trent
Barhale has completed work on two separate Rapid Action Taskforce Spills projects it is carrying out for Severn Trent. -
Börger UK relocates to larger premises as sales continue to grow
Börger UK, which has firmly established itself as a leading pump brand since it was set up in Staffordshire in 2004, has moved into bigger, brand-new premises in Shrewsbury. -
Register for HUBER Technology UK webinar on water intake screens for municipal and industrial applications
HUBER Technology UK & Ireland are inviting people to register for their March webinar where they will be providing information about HUBER water intake screens for municipal and industrial applications. -
Sulzer launches global Water Treatment Center of Excellence for integrated water solutions
Sulzer has launched a new global Center of Excellence (CoE) for Water Treatment Solutions - the CoE consolidates Sulzer’s wastewater treatment expertise in a unified and global manner.
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Other Latest News
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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.
Top Stories
- Water UK calls for EA self-monitoring regime to be scrapped - "abundantly clear public do not have faith in it"
- Latest National Flood Risk Assessment shows c4.6 million properties now at risk - up 43% since last assessment in 2023
- Severn Trent awards c£16 million AMP8 contracts for Combined Heat and Power Units
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