A new report commissioned by the Consumer Council for Water (CCW) has found that if Ofwat replaced its ‘early view’ on how much it will cost water companies to raise finance to deliver investment for the 2024 Price Review with a ‘market-led-view’, it could save customers £2.6 billion over 5 years.

Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension funds, has invested £50 million in Portsmouth Water to fund the construction of the Havant Thicket Reservoir, the first reservoir to be built in the UK since the 1990s.

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.

A new report shows how global companies are taking action to stem the global water crisis and stand ready to reap major financial rewards as a result.

UK technology business Evove has today announced the completion of a funding round of £5.7 million - capital was injected by existing investors and two new international specialist investors from climate-tech and additive manufacturing venture funds, alongside continued support from existing investors.

Ofwat has published its final decision confirming that it will allow an increase in totex funding for Portsmouth Water's Havant Thicket Storage Reservoir to £339 million from the £123.6 million first outlined at PR19.

Moody’s Investors Service has announced that its 2023 outlook for the UK water sector has turned negative, primarily reflecting increasing cost pressures in the current macroeconomic environment and, to some extent, early expectations for the next regulatory price review in 2024.