Water companies would face targets to help customers save more than 23 million litres of water a day (Ml/d), under new proposals published by Ofwat.

The Water Industry Commission for Scotland (WICS), the economic regulator for Scottish Water, has issued its annual report for 2007-8.

Ofwat has written to the water and wastewater companies setting outs its guidance on how it expects each company to design its public sewerage system to deliver best value for consumers over the long term.

Ofwat has published its Annual Report for 2007-08. According to the Report, despite the credit crunch during the later part of 2007-08. water companies have where necessary been able to continue to raise finance and remain financially robust unlike other sectors.

Ofwat has written to the water and sewerage companies to clarify its position on how renewable energy will be treated under the forthcoming PR09 Price Review.

The Water Industry Commission for Scotland (WICS) is starting the process to revoke Aquavitae’s licences as a response to the company entering administration - but the Commission also sees increasing signs that customers are benefiting from the new market arrangements

The Environment Agency has prosecuted Southern Water for causing sewage to enter the Bevern Stream at Barcombe in East Sussex during September last year.