Ofwat is set to approve £1.6 billion spend for the accelerated delivery of 31 investment schemes by water companies with work beginning in the next two financial years, from 2023 to 2025.

The Environment Agency has today published Event Duration Monitoring data for 2022. This includes data from all 10 water and sewerage companies (WaSCs) operating in England, with information on the frequency and duration of storm overflow spills.

The Competition and Markets Authority has granted Northern Powergrid permission to appeal Ofgem licence changes – the energy firm can now appeal changes by the UK’s independent energy regulator to their energy licences, which affect how much Northern Powergrid can charge their customers.

Ofwat has today given the green light to continue investigation into three new reservoirs, which could supply water for millions of customers.

Water sector regulator Ofwat has outlined new plans intended to ensure customers do not fund executive bonus payments where they have not been sufficiently earned through the company's performance for customers and the environment.

Ofwat is calling on more water companies to trial innovative ways of charging customers, to make bills more affordable and help encourage customers to use water wisely.

The House of Lords Industry and Regulators Committee is warning that under investment, insufficient government strategy, and inadequate co-ordination has resulted in a failure to “treat water with the care and importance it deserves.”

Water company customers and stakeholders will have the chance to question and challenge water companies' future plans in public meetings, set to take place online over the next three months.