New Chancellor Rishi Sunak has set out details of additional funding for flood infrastructure in the UK in today’s Budget speech, together with announcing the establishment of a new Nature for Climate Fund.
Fitch Ratings agency has has downgraded Wessex Water to 'BBB' from 'BBB+' and holding company Wessex Water Ltd's (WWL) Long-Term Rating to 'BBB-' from 'BBB' – the outlook is stable.
Moody's Investors Service has downgraded Sutton and East Surrey Water’s senior secured underlying debt rating from Baa1 to Baa2 and also confirmed Anglian Water’s current ratings – the outlook on both companies’ ratings is negative.
S&P Global Ratings has announced that it has downgraded four UK water utilities, after they accepted the final determination of Ofwat’s price review (PR19) in December.
Ratings agencies Moody’s and S & P Global Ratings have downgraded Welsh Water's credit outlook – the rating actions follow Welsh Water's announcement on 31 January 2020 that it will not ask Ofwat to refer its final determination to the Competition and Markets Authority.
Businesses are more dependent on nature and biodiversity than expected, according to The New Nature Economy Report, released by the World Economic Forum at its annual meeting in Davos which takes place this week.
The Prime Minister has appointed the outgoing Bank of England Governor Mark Carney as a key adviser for the UN climate change conference, COP26 which will take place in Glasgow, Scotland in November.
Ofwat’s final price determinations package announced on 16 December 2019 for UK water companies offers an improvement on the draft determinations but the ratings remain under pressure, according to Fitch Ratings.
Credit ratings agency Moody's has warned this morning that the UK water industry is set to suffer its largest credit quality deterioration since privatization.
Households in the UK could lose an average of nearly £1000 each under Labour’s nationalisation plans, according to a new study by economic consultants NERA.
The Future Water Association’s annual Networks November event kicked off last week with a Year in Water Review – a recap on the past year and what it means for the sector going forward.
South West Water has hosted the first municipal trial of the Fournier Rotary Press in the UK, assessing its potential to improve sludge dewatering performance and support future biosolids standards.
Uniwater has acquired Hy-Ram Engineering, a specialist in tooling, products and hire for the water sector, based in Mansfield, England.
Enpure Ltd and Clean TeQ Water Ltd have announced a collaboration agreement to bring Clean TeQ Water's Moving Bed Ion Exchange-based nutrient removal technologies to water utilities across the UK.