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Ofwat to update how it approaches water merger cases
Ofwat is consulting until 21 January on a revised approach to water company mergers under the special merger regime set out in the Water...
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Dec 8, 20241 min read
Tacking leakage drives Welsh Water half-year operating profit into the red
Welsh Water’s half-year results saw operating profit move into a loss of £1.3m, compared to a profit of £37.2m at September 2023....
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Dec 8, 20241 min read
Yorkshire Water catching up on enhancement expenditure
Yorkshire Water’s half-year results saw operating profit increase by 25.5% to £173.9m, well above its allowed revenue increase of 6.5%,...
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Dec 8, 20241 min read
Anglian Water half-year capex at its highest-ever level
Anglian Water delivered a 10.6% increase in operating profit to £283m at its half-year results announced on 5 December, returning to an...
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Dec 8, 20241 min read
Southern Water half-year operating profit back in positive territory
Southern Water made an operating profit of £3.8m in the half year to 30 September 2024, recovering from an £8.5m loss in the same period...
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Dec 8, 20241 min read
Ofwat welcomes PR24 affordability boost but highlights company differences
Ofwat has welcomed that water companies will double the proportion of customers on social tariff support in the next price period, but...
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Dec 8, 20242 min read
Charley Maher to hold the fort at South Staffs as Andy Willicott exits as managing director
Charley Maher, South Staffordshire group chief executive, is to take the reins at South Staffs and Cambridge Water while recruitment for...
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Dec 8, 20241 min read
Starmer pledges to triple major infrastructure development consents this Parliament
In his Plan for change launch last week, prime minister Sir Keir Starmer set out a new government commitment to approve 150 development...
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Dec 8, 20242 min read
Ofwat to launch a review of leakage reporting
Ofwat is to launch a blank page review of leakage reporting in the new year. The aim will be to bring in changes in time for PR29. There...
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Dec 8, 20241 min read
Prospective new owners for Thames submit proposals
Another step in the process of attracting new equity for Thames Water was completed on 5 December as prospective purchasers submitted...
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Dec 8, 20242 min read
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