South West Water offers customers £20 credit on their bills or shares in owners Pennon Group
In an industry first, South West Water (SWW) will soon be sharing £20 million with customers after outperforming its last business plan.
Thames Water - credit ratings downgrade reflects pressure from Ofwat's "challenging" PR19 Final Determination
Fitch Ratings has downgraded the credit ratings of Thames Water’s holding company Kemble Water Finance Ltd and revised its Issuer Default Rating to Negative, reflecting pressure on Kemble's and Thames Water’s financial profiles as a result of Ofwat’s challenging Final Determination on the company’s AMP7 business plan.
Severn Trent Plc earns £163 million in outperformance across AMP6
Severn Trent Plc will have earned at least £163 million across AMP6 in net customer ODI outperformance payments according to its latest update for the period to 31 March 2020 published today.
United Utilities delivers strong financial and operational performance
United Utilities is continuing to deliver a strong financial and operational performance, according to its latest set of half year financial results for the period ended 30th September 2019 published this morning.
Ofwat finds customer satisfaction up but failures on performance targets include leakage and water quality
Ofwat’s latest reports on water companies’ service, delivery and financial performance over 2017-18 show that customer satisfaction has risen but sector performance deteriorated with a number of failures on performance commitments, including leakage, water quality and water supply interruptions.
Moody’s warns Ofwat PR19 plans could "undermine stability and predictability" in water sector
Moody’s ratings agency is warning that the water sector regulator’s proposals are threatening to undermine the stability and predictability of the regime.
Severn Trent to invest extra £100m to improve water business performance ahead of AMP7
Severn Trent is planning to invest an extra £100 million to improve its water business performance in preparation for AMP7, according the preliminary announcement of its annual results published this morning.
Moody's changes outlook to negative on ratings for 4 UK water companies
Moody's ratings agency has changed the outlook on the ratings of four UK-based regulated water companies and one high-yield holding company to negative.
South West Water outperforms business plan in first year of AMP6
South West Water is sharing its success with customers after performing better than expected in the first year of its AMP6 2015-20 business plan.
CGC says Thames Water “relatively silent” on how innovation helps meet performance commitments
Thames Water’s Customer Challenge Group has described the water company as “relatively silent” on the role that innovation of all sorts plays in delivering against its commitments and called on Thames to take a more overt approach to describing what is being done.
News Showcase
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South Staffordshire Plc earns prestigious RoSPA global health and safety award
UK-headquartered South Staffordshire Plc, the integrated services group operating within the UK critical infrastructure and essential services markets, has received a prestigious Royal Society for the Prevention of Accidents (RoSPA) Award for global health and safety excellence. -
Balfour Beatty achieves 99.1% Responsible Sourcing on major Thames Estuary infrastructure project
Balfour Beatty, the UK’s largest construction and infrastructure provider, has delivered exceptional environmental results on the Thames Estuary Asset Management 2100 (TEAM2100) framework, one of the nation’s most ambitious flood defence initiatives. -
Xylem Flygt pumps selected for Transport for London’s Silvertown Tunnel
The Silvertown Tunnel’s pumping system is reducing the risk of flooding, delays and costly maintenance, while supporting the long-term resilience of London’s transport network, says Ian Ireland, large pumping projects programme manager, Xylem UK. -
Spotlight on wastewater treatment with prestigious television slot for Lakeside on All Access with Andy Garcia
In a TV show that will explain the complex journey of the wastewater treatment process, Lakeside Equipment Corporation is set to feature in US Public Television’s All Access program with Andy Garcia.
Expert Focus
News Sections
Other Latest News
- Ofwat agrees to Thames Water request for further referral of appeal to CMA with open-ended timescale
- Southern Water to start work on long-term £2.5 million solution to strengthen Portsmouth sewer pipeline
- Welsh Water officially opens pioneering £13 million reedbed and wetlands storm overflow in UK first
- Anglian Water warns significantly more autumn and winter rainfall is needed to replenish water resources
- Sellafield Ltd awards £2.9 billion key non-nuclear utilities, civils and electrical distribution infrastructure contracts
- NI Water tenders £4.74 million contract for M & Services for its high voltage and associated low voltage equipment assets
Watch
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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. -
What's to be done about the UK's failing utilities - is special administration the solution?
What is to be done about the UK’s failing utilities? Listen to Professor Dieter Helm explore the options to tackle the UK’s failing utilities – Thames Water, the Royal Mail and Network Rail in particular.
Top Stories
- Ofwat agrees to Thames Water request for further referral of appeal to CMA with open-ended timescale
- Sellafield Ltd awards £2.9 billion key non-nuclear utilities, civils and electrical distribution infrastructure contracts
- Thames Water – owner of Northumbrian Water CK Infrastructure re-enters the ring
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