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Southern to pay out at incoming compensation rates for Hampshire outage customers
On Friday, Southern Water confirmed water supply in the Hampshire area had been fully restored following a major incident at its Testwood...
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Dec 22, 20241 min read
Defra to double customer payouts when services fail – and could uprate some payments further
Defra has confirmed its plans to increase and extend payments for water customers affected by supply failures. It will bring forward...
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Dec 22, 20242 min read
Thames spared enforcement but is hit with £18m fine for dividend payments
Ofwat has given notice that it intends to fine Thames Water £18m for paying out two dividends in contravention of Condition P30 of its...
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Dec 22, 20242 min read
The UK Water Report: Initial summary of key points from the PR24 Final Determinations
1) Expenditure Final determinations (FDs) allow £104bn, including contingent allowances – a 71% increase on PR19, and 7% (£8bn) below...
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Dec 22, 20249 min read
Water Plus appoints Jason Scagell as chief executive
Business water retailer Water Plus has appointed Jason Scagell as its chief executive. Scagell has utilities, retail and renewables...
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Dec 22, 20241 min read
Pennon positive on its final determinations
Pennon issued a positive statement following the publication of its final determinations on 19 December. Chief executive, Susan Davy,...
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Dec 22, 20242 min read
Severn Trent: FDs “look fair” on first reading
Severn Trent’s chief executive Liv Garfield told analysts on a conference call on 20 December that on first reading, the final...
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Dec 22, 20242 min read
Comment: Verity Mitchell’s early reflections on the FDs
Positive movement in the companies’ favour Ofwat has improved many aspects of PR24 in its final determinations (FDs), but there remain...
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Dec 22, 20244 min read
The UK Water Report: Initial* summary of key points from yesterday’s PR24 Final Determinations
*this will be expanded for Monday’s The Week In Water 1) Expenditure Final determinations (FDs) allow £104bn, including contingent...
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Dec 19, 20249 min read
Thames confident of securing liquidity lifeline ahead of tomorrow’s court hearing
Thames Water’s chief financial officer, Alastair Cochran, said the company is “as confident as we can be” ahead of a convening hearing at...
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Dec 15, 20242 min read
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