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Government unveils next steps for making the CMA pro-growth
(by Karma Loveday) More of the Competition and Markets Authority’s (CMA) key guidance documents will need approval from the secretary of state under plans out for consultation from the Department for Business and Trade (DBT). The Department is running a consultation until 31 March on Refining our competition regime. It said the aim is to “ensure the framework continues to promote effective competition, support economic growth, and deliver benefits for consumers and businesses
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Jan 253 min read
Thames Water issues £5.7bn tender for Abingdon reservoir contractor
(by Karma Loveday) Thames Water has issued a £5.7bn tender for a Main Works Contractor for its newly renamed White Horse Reservoir in Abingdon, Oxfordshire – formerly known as SESRO. The contractor will design, plan and build the new facility that will supply water locally and onwards to London and Hampshire, including excavation, building embankments and laying pipelines. Thames is hosting an online applicant briefing on 11 February. Interested organisations have until 24 Ap
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Jan 251 min read
Other stories from last week
(by Karma Loveday) Defra has published Global biodiversity loss, ecosystem collapse and national security – a strategic assessment of how global nature depletion could affect the UK’s resilience, security and prosperity. This finds that the critical ecosystems that support major global food production areas and impact global climate, water and weather cycles are the most important for UK national security. We are at high risk of exposure to these impacts and at high risk of
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Jan 252 min read
Ofwat consults on code changes to support retailers to act as interim suppliers
(by Karma Loveday) Ofwat is consulting until 18 February on changing the market codes to introduce a Cost Recovery Mechanism (CRM) and Cashflow Support Tool (CST), and associated guidance, designed to strengthen the Interim Supply Arrangements. This is to protect customers when a retailer collapses or otherwise unexpectedly leaves the market. In July 2024, the regulator decided to allow retailers to recover efficiently incurred costs where they act as interim supplier, to mak
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Jan 251 min read
Arup to take full ownership of EnTrade
(by Karma Loveday) Arup is to take full ownership of its EnTrade joint venture with the YTL UK Group. The nature recovery marketplace started out as an independent business of Wessex Water in 2018. Last February, Wessex parent YTL entered partnership with Arup. Now, Arup is to take full control, with the EnTrade team — including its pioneering managing director Guy Thompson — standing down. Arup said it plans to establish EnTrade's Environmental Markets Board, which provide
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Jan 251 min read
Scottish Water to increase 2026/27 charges by 8.67%
(by Karma Loveday) Scottish Water is to increase charges by 8.67% in nominal terms for the 2026/27 charging year, starting on 1 April. The average household combined bill will rise by £3.50 a month, or £42 a year, to £532 a year, which the company pointed out is still among the lowest in the UK. The rise is within WICS’ final determination range for the 2021-27 period, which allows an increase of CPI+12.6% over the six years. Scottish Water held charges below inflation from
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Jan 252 min read
Lib Dems accuse water bosses of bonus rebrands and moral bankruptcy
(by Karma Loveday) Tom Gordon, Liberal Democrat MP for Harrogate and Knaresborough, led a lively Westminster Hall debate last week on the enforcement of the Water (Special Measures) Act. The thrust of his case was that while the Act promised to clamp down on undeserved executive bonuses and poor service, the reality has proved different: “In the months since its introduction, we have seen companies complying with the letter of the law while confidence continues to drain away.
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Jan 253 min read
Summary of key points from the Water White Paper
(by Karma Loveday) The UK Government published A new vision for water last week – its response to the work of Sir Jon Cunliffe’s Independent Water Commission. Most of the Cunliffe recommendations have been adopted, creating a wide reform agenda. The paper is high level, with lots of detail still to follow – but it provides welcome clarity on the direction of travel and the ‘what’. A Transition Plan, expected in March (and likely to be subject to update and change subsequentl
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Jan 2512 min read
The UK Water Report: Initial summary of key points from yesterday’s Water White Paper
(by Karma Loveday) The UK Government published A new vision for water yesterday – its response to the work of Sir Jon Cunliffe’s Independent Water Commission. Most of the Cunliffe recommendations have been adopted, creating a wide reform agenda. The paper is high level, with lots of detail still to follow – but it provides welcome clarity on the direction of travel and the ‘what’. A Transition Plan, expected in March (and likely to be subject to update and change subsequentl
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Jan 2112 min read
Investigations and pressure pile up for beleaguered South East Water
(by Karma Loveday and Verity Mitchell) Repeat water supply failures – compounded by widely criticised communications and incident response – has left South East Water (SEW) this week facing five investigations, more Parliamentary scrutiny and calls for both its operating licence to be withdrawn and its leadership team to be sacked. Situation recap Tunbridge Wells has been at the centre of the problems, suffering a sustained outage and boil water notice before Christmas cause
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Jan 195 min read
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