An independent Monitor to report on the progress of Thames Water against its equity raise and transformation plans has been appointed by Ofwat.

Ofwat has this morning confirmed that a modification to English and Welsh water company licences has been made that would allow the 2024 Price Review final determinations to be confirmed in January 2025 if necessary.

Ofwat has ordered water companies to return £158 million to customers via next year’s bills over poor performance – the regulator announced the rebate following its annual review of water and wastewater companies’ performance in England and Wales published today.

Members of the House of Lords will discuss the primary objectives of the Water (Special Measures) Bill this week during its second reading on Wednesday 9 October.

Environment Minister Steve Reed has given the go-ahead for the £650 million Grand Union Canal Transfer Project being developed by Affinity Water (AFW), Severn Trent Water (STW) and the Canal & River Trust charity to progress to the next stage of the planning process.

A coalition of nature groups has released an analysis of water company AMP8 business plans for the next five years showing that the water industry will spend just 2% of its total budget - 5% of the enhancement budget ( £2 billion) – on natural solutions.

Following a recent consultation on the draft roadmap, the independent Strategic Panel, the most senior industry group in the business retail water market, has published its final Roadmap to a Flourishing Market. 

The Office for Environmental Protection (OEP) is seeking permission to intervene in a Court of Appeal case relevant to how regulations in place to protect and improve water are put into practice.