Thu, Sep 25, 2025
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Displaying items by tag: Thames Water

HOUSE OF COMMONS BIG BENEnvironment Agency Minister Steve Reed has asked Ofwat to assess £1.3 million payments to Yorkshire Water CEO Nicola Shaw “as a matter of urgency”.

PARLIAMENT TVDefra Secretary of State the Rt Hon Steve Reed MP will appear in person before the House of Commons Select Committee on Environment, Food and Rural Affairs tomorrow where he will face questions on the water sector and the situation at Thames Water.

HOUSES OF PARLIAMENTThe House of Lords was warned last week that the designation of private equity firm Kohlberg Kravis Roberts (KKR) as preferred bidder would “inevitably multiply problems” for Thames Water.

HELM TALKS PODCAST  - WHATS TO BE DONE ABOUT THE UKS FAILING UTILITIES What is to be done about the UK’s failing utilities? Listen to Professor Dieter Helm explore the options to tackle the UK’s failing utilities – Thames Water, the Royal Mail and Network Rail in particular.

Published in Watch

PARLIAMENT TVThe Chief Executives and Chairs of both Thames Water and Ofwat endured intensive questioning yesterday from the House of Commons Environment Food and Rural Affairs Committee in a compelling live evidence session which at times made for uncomfortable viewing.

PARLIAMENT TVThe House of Commons Environment Food and Rural Affairs Committee has published the timetable for tomorrow’s evidence session with Thames Water and Ofwat.

HOC WESTMINSTER 1The situation at Thames Water will be examined by the Environment Food and Rural Affairs Committee this morning at 9.15am when it questions the responsible government minister and the Chief Executives from the company and water sector regulator Ofwat.

OFWAT LOGOWater sector regulator Ofwat has issued a statement this evening commenting on Thames Water's financial resilience, saying the water company has "strong liquidity."

Following consultation, Ofwat has today confirmed that Thames Water will pay £65 million back to its customers as part of a total package of payments and penalties worth £120 million.

Bazalgette Finance plc has announced that Bazalgette Tunnel Ltd, the company responsible for the construction of the Thames Tideway Tunnel, has signed an agreement with four institutional investors from the US for the placement of £300 million notes with maturity date 2032.

Published in Finance and Risk
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