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.

Water industry regulator Ofwat has opened a consultation on a range of options for introducing effective market competition into the water and sewerage sectors in England and Wales.

Members of the Blueprint for Water coalition have written to the Guardian newspaper describing the Consumer Council for Water's recent comment that revoking environmentally damaging abstraction licences could see domestic supplies dry up as “both alarmist and inaccurate”.