Autumn Budget highlights range of issues for UK water sector
Today’s Autumn Budget statement contains a number of measures which could impact on the UK water sector, including an overhaul of the planning infra regime, increased tax relief for shale gas, easier access to funding and moves to tackle tax avoidance by large corporation.
NAO warns on above-inflation water bills for next 17 years and concerns about Ofwat
A new report from the Government’s spending watchdog the National Audit Office is warning that water bills will continue to rise above the rate of inflation for the next 17 years. The report also expresses concerns about water industry regulator Ofwat's role.
World Bank sees up to $1 trn global climate-related investment potential
IFC, a member of the World Bank Group, has published research highlighting up to $1 trillion of investment potential in renewable energy, resource efficiency, and climate change adaptation – including $70 billion in improved water usage - across Emerging Europe, Central Asia, and the Middle East and North Africa.
Europe’s non-performing loans now total more than €1.2 trillion
European non-performing loans (NPLs) held by banks have increased to €1.2 trillion (up by nearly €100 billion in 12 months) driven mainly by reported increases in Italy, Greece, Spain and Ireland, says PwC in its latest market update.
Moody's says stable outlook for UK water sector reflects anticipated solid performance
The outlook for the UK water sector remains stable on expectations that it will maintain its solid performance until the end of the current five-year regulatory period in March 2015, says Moody's Investors Service in its Industry Outlook report on the sector published today.
Moody's warn low interest rates could increase credit risk for UK utilities
Persistent low real interest rates would negatively affect UK regulated utilities' fair value leverage, liquidity and interest cover, which could lead to companies needing to deleverage to maintain key financial metrics in line with their assigned rating, says Moody's Investors Service in two Special Comment reports on UK regulated utilities published today.
IFC Global Infrastructure Fund completes $1.2 bn fundraising
IFC Asset Management Company, a wholly-owned subsidiary of the International Finance Corporation has today completed fundraising for its infrastructure equity fund, with a total of $1.2 billion raised, up from its target of $1 billion.
CBI warns over faltering speed of delivery on infrastructure
The CBI, the UK's leading business organisation, is warning that businesses are concerned that two years of positive Government infrastructure policy announcements will not translate into delivery on the ground and could undermine the return to sustainable growth.
City experts still expect M&A deals in water sector
City analysts said they still expect takeover deals in the utilities sector despite the current regulatory review in the water sector, according to the London Evening Standard (LES).
Rising costs a threat to growth, contractors warn
Civils contractors today warned that rising costs and skills shortages are emerging as new challenges as prospects for the infrastructure sector improve.
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.
Expert Focus
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Other Latest News
- Royal Borough of Kingston tenders £432m contract for Development Partner for district heat network using waste heat from Thames Water Hogsmill STW
- South East Water Chair resigns after MPs declare “no confidence" in leadership team to turn failing company around
- Plymouth City Council announces Development Partner for £4.2 billion heat network based on waste heat source from South West Water Central Plant
- United Utilities announces equity issue to raise gross proceeds of c. £800 million for AMP8 investment
- Environment Agency imposes £76,000 penalty on South East Water for water supply breach
- Northumbrian Water - County Durham trial could boost river protection work
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.
Top Stories
- Royal Borough of Kingston tenders £432m contract for Development Partner for district heat network using waste heat from Thames Water Hogsmill STW
- South East Water Chair resigns after MPs declare “no confidence" in leadership team to turn failing company around
- Plymouth City Council announces Development Partner for £4.2 billion heat network based on waste heat source from South West Water Central Plant
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