Fitch Ratings has maintained its ‘neutral’ outlook for UK utilities, as higher electricity network investments should cut transmission curtailment costs and build distribution network capacity ahead of demand.

Fitch's UK Water lead analyst Yeshvir Singh, Senior Director at Fitch Ratings explains why Ofwat’s Final Determination (FD) for the AMP8 regulatory period April 2025 to March 2030 marks a key milestone for the assessment of the UK water sector’s regulatory framework.

Wessex Water is warning that Ofwat’s Draft Determination (DD) on its AMP8 Business Plan puts its ability to retain and attract investment at risk.

A new report is suggesting that Ofwat created "twisted" incentives for management to  “run the company into the ground to maximise short term returns and leave it, bloodless, to the next set of owners” and that investors should have spotted three key red flags.

United Utilities has today submitted its draft AMP8 £13.7 billion business plan proposals for 2025-30 to water sector regulator Ofwat.

Ofwat has announced that it is pushing back the Planned System Acceptance Date for the Tideway Tunnel from 28 February 2027 to 31st August 2027 - the date at which the operation of the Thames Tideway Tunnel (TTT) is handed over to Thames Water.

The Competition and Markets Authority (CMA) has launched a short consultation following extensive representations by the four companies appealing against Ofwat’s PR19 decisions, the regulator and other stakeholders on its Provisional Findings – specifically on the cost of capital.

The return to a stable outlook in 2021 for UK regulated water utilities reflects certainty around allowed returns and cost allowances over the five-year period from April 2020 (AMP7), according to a new research report published by Moody's Investors Service today.

Fitch Ratings has warned that Ofwat's recent draft price review determinations published are likely to have a negative impact on the credit quality of rated UK water companies.

A new report by Citizens Advice published yesterday which criticises utilities regulators for presiding over sustained overcharging to customers, says that while Ofwat has gone some way to correct the mistakes of the past, more work needs to be done.