Tue, Jan 27, 2026
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Displaying items by tag: insolvency

HOUSES OF PARLIAMENT 2Liberal Democrat MP Sarah Olney renewed her attack on Thames Water in a House of Commons debate last week, accusing the water company of dumping over 72 billion litres of raw sewage into rivers in London since 2020 and accruing billions of pounds of debt.

THAMES WATER HQ READINGPressures are mounting on the Government to publish its contingency plans amidst growing concerns about Thames Water’s financial position, following a report in the Financial Times that the water company is lobbying the government and Ofwat to let it increase bills, pay dividends and face lower fines.

DEFRA ADDRESS PLATEThe Department for Environment, Food and Rural Affairs has quietly amended insolvency legislation to update the Special Administration Regime for water companies in England and Wales.

Ian Newcombe, Partner at national law firm Bond Dickinson LLP looks at some of the challenges that suppliers in the new retail water market will face and offers some practical tips on how to minimise their impact.

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