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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ABB launches digital platform for optimizing operation of water networks
ABB has launched AquaMaster+™, a digital platform for smart water network management, designed to help water utilities monitor, analyze and manage their water networks, preventing pipeline water losses and optimizing operations. -
Safe access solutions a key requirement for water sector and other Critical Infrastructure Providers
Craig Nienaber, Business Development Manager for Safe Access Solutions (SAS) at HUBER Technology, explores why the company is seeing a growing level of interest in its safe access solutions for critical infrastructure providers, including their application in wastewater treatment assets. -
Albion Water appoints new Director of Business Development
Albion Water, the first NAV (New Appointment & Variation) to have been established in1999 and now under the ownership of SDS Water Group, has appointed Andy Holland as its new Director of Business Development. -
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.
Expert Focus
News Sections
Other Latest News
- White Horse Reservoir - Thames Water seeks supplier interest in upcoming procurement of £48m contract for Independent Technical Advisor
- Environment Agency makes c£118,000 direct contract award for Lowlands Peat Evidence Synthesis and knowledge gaps
- Anglian Water invites suppliers to register interest in upcoming £60 million Fens and Lincolnshire Reservoirs Early Works Partner (EWP) procurement
- Latest CDP analysis shows companies expect nearly $400bn hit in future impacts from water challenges
- M Group reaches milestone in sustainable water meter recycling programme
- Yorkshire Water progresses work on more projects in £1.5 billion Yorkshire-wide programme to cut CSO discharges
Watch
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Southern Water showcases last footage inside Yew Hill Reservoir before filling
Southern Water has released film and images showing what it’s like to walk inside Hampshire’s expanded Yew Hill underground reservoir for the very last time, before it gets filled with water. -
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.
Top Stories
- White Horse Reservoir - Thames Water seeks supplier interest in upcoming procurement of £48m contract for Independent Technical Advisor
- Anglian Water invites suppliers to register interest in upcoming £60 million Fens and Lincolnshire Reservoirs Early Works Partner (EWP) procurement
- Latest CDP analysis shows companies expect nearly $400bn hit in future impacts from water challenges
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