Ofwat is flagging up the £50 billion opportunities on offer for 30 major upcoming projects coming down the line in the RAPID programme with the publication of two separate Major Projects guides for the supply chain and for investors respectively.

Cathryn Ross and Alastair Cochran, interim co-chief executives at Thames Water, have rejected a Parliamentary Committee’s comments about its current financial situation, according to a report in The Times newspaper this morning.

Ofwat has launched a consultation on its response to Portsmouth Water’s request for funding of £370.4 million of totex for the period 2020-2030, an increase of £235.1 million on the £123.6 million funding allowed in final determinations in PR19, for the Havant Thicket Winter Storage Reservoir.

Ofwat CEO David Black and Chair Iain Coucher have rejected suggestions by an influential Parliamentary Committee that since privatisation of the water sector, recent Price Reviews had focussed on keeping customer bills low at the expense of allowing sufficient investment in water and wastewater infrastructure.

Former Ofwat Chief Executive Cathryn Ross has raised the question of whether the Price Review process - the regulatory framework of five-year price reviews for the water sector - is still fit for purpose.

Piers Clark, Chairman of the Isle Group, looks at how COP26 panned out and outlines the launch of a new source of funding by Isle to help water utilities adopt technologies which will accelerate the path to achieving carbon neutrality.

Severn Trent has today announced its intention to conduct a non-pre-emptive placing through the issue of new ordinary shares, Retail Offer shares and Subscription Shares to raise approximately £250 million following Ofwat's decision to endorse an award to Severn Trent of £565 million (2017/18 prices) for its Green Recovery proposals.

United Utilities has posted strong performance in its pre-close trading update ahead of its full year results on 27 May 2021.

Water sector regulator Ofwat has written an open letter to investors setting out its intention to seek greater engagement with the investor community.

Owner of Yorkshire Water Kelda Group has gone out to tender with an insurance brokerage and risk management services contract for the AMP7 2020-25 investment period - initial contract term is 3 years, with 2 further 1 year extension options.