Global investors have warned the Government over the prospects of attracting major infrastructure investment in the UK’s regulated utilities sectors in the light of Thames Water’s ongoing financial crisis, according to a front page report in the Business& Money section of yesterday’s Sunday Times.

Wessex Water is warning that Ofwat’s Draft Determination (DD) on its AMP8 Business Plan puts its ability to retain and attract investment at risk.

Owner of Northumbrian Water Group CK Infrastructure Holdings Ltd has been admitted to the Main Market of the London Stock Exchange.

Moody's Investors Service is warning that Ofwat’s Draft Determinations for the water companies in England and Wales  AMP8 Business Plans increases the risk that sector returns may not be enough to attract the equity funding the companies need to support increasing investment.

S&P Global Ratings has today yet again downgraded Thames Water credit ratings, saying: “In our view, Thames Water's liquidity has deteriorated to a less-than-adequate position as we forecast that the company will not be able to cover its financial needs by 1.1x over the 12 months from the end of June 2024.”

Moody's Ratings has placed the Baa3 backed and underlying senior secured ratings of Southern Water (Finance) I PLC (Southern Water) on review for downgrade following the publication on 11 July of Ofwat's Draft Deternination on the company's AMP8 Business Plan - previously, the outlook was stable.