(by Verity Mitchell) Operating profit in Southern Water’s half-year results rebounded from a loss to £186.9m, benefitting from a 47% regulated revenue increase from the new price controls. Its capital expenditure was up only 5% to 483.6m, a significantly slower start compared to peers that recorded double digit growth. Management admitted that the balance sheet remained under pressure. The outcome of the Competition and Markets Authority’s provisional redetermination has allo

(by Verity Mitchell) Total revenues at Wessex Water increased by £45.5m to £332.5m, up 15.8%, mainly due to price rises permitted under regulatory mechanisms, according to a commentary on its half-year results. Operating profit increased by 25% from £78m to £97.7m. Bad debt charges grew by £0.7m because of the effect of new pricing but were lower as a proportion of overall household revenues. Net capital investment for the six months was £248m, a significant increase on £189.

(by Verity Mitchell) Anglian Water’s half-year revenue increased by 20.8%, reflecting regulatory price changes and higher household demand. Operating profit increased by 37.8% to £376.1m. Capital expenditure was up 3.6% to £547.3m — a smaller increase than the double digit increases of some of its peers. The company has made progress in key areas such as water recycling, tackling internal and external flooding, and reducing blockages. In Ofwat’s 2024/25 Water Company Perform

(by Karma Loveday) Several areas have announced a change in drought status, following recent wet weather and 149% of long-term average rainfall in November.   The East Midlands, West Midlands and Yorkshire have moved into recovery status. Yorkshire Water has removed its hosepipe ban. It said its reservoir levels are now at 91.6%, and that Hull aquifer levels are at 77%, and that this means that available water resources across reservoirs, rivers, and groundwater sources are a

(by Karma Loveday) The Consumer Council for Water (CCW) has set out some “non-negotiable” principles that it has urged Ofwat to follow as it works on the long-term sustainability of Thames Water. In a letter, CCW chair Rob Wilson told Ofwat chair Iain Coucher to pay heed to the following as it assesses any current or future proposal from creditors or candidates to become Thames’ new owners: No special treatment on enforcement — Thames Water must be held fully accountable for

(by Karma Loveday) Consumer Scotland is seeking greater transparency in how customer complaints are reported in the Scottish water sector. It argued this would help drive further service improvements and boost accountability. In a report, the statutory customer body noted that Scottish Water does not currently publish as detailed or accessible a breakdown of customer complaints as available in the English and Welsh water sector, or in the energy, communications and financial

(by Karma Loveday) The Drinking Water Inspectorate has announced that the hearing for the prosecution of South West Water for potential offences under section 70(1) of the Water Industry Act 1991 will take place on 4 March 2026 at 2pm before Exeter Magistrates’ Court. The prosecution follows the Inspectorate’s investigation into the Cryptosporidiosis outbreak event in the Brixham area in 2024. The Environment, Food and Rural Affairs Committee is to hold a public evidence s

(by Karma Loveday) Defra is to review the rules governing the spreading of sewage sludge on land, to reduce health and environmental risks from PFAS. That was part of a strengthened Environmental Improvement Plan (EIP) published last week by the Government. A key feature of the new five-year environmental roadmap is the first-time publication of delivery plans for the statutory targets set under the Environment Act. These provide visibility and will help progress to be tracke

(by Karma Loveday) The Competition and Markets Authority (CMA) is to publish a base cost modelling working paper for consultation mid month. In an update to the administrative timetable for the PR24 appeals, the CMA said responses would be welcomed until early January. The statutory deadline for final decisions is 17 March 2026. New Appointment and Variation (NAV) Icosa Water has rebranded to Last Mile Water, to reflect its integration into the multi-utility Last Mile group

(by Verity Mitchell) Business retailer Wave has reported full-year results to 31 March 2025. Group revenue was £554.9m, up 11.9% (2024: £495.5m). The portfolio gross margin — the element of charges retained by the retailer after settlement of wholesale costs — was 8.3%. Management said this is reflective of underlying performance compared to a margin of 9.4% in the previous period. Operating profit fell 16% to £10.3m (2024: £12.3m). Its operating profit margin at 1.85% comp