March 29, 2020

Moody's Investors Service has confirmed the Baa1 long term corporate family rating of Portsmouth Water with the  outlook revised to negative from ratings under review.

Moody's said the confirmatio...

March 29, 2020

The Competition and Markets Authority (CMA) has named four members from its specialist panels who it anticipates will form a reference group for the appeals process for the four water companies who ha...

March 29, 2020

CC Water has praised the payment breaks the water industry has offered customers in financial difficulties as a result of Covid-19.

The watchdog's chief, Tony Smith applauded the water firms for their...

March 29, 2020

The National Audit Office (NAO) has warned that current policy and regulation are falling short of what is required to avoid the "impending risk" of water shortages in the UK.

In its report, Water supp...

March 29, 2020

The Scottish government, Scottish Water, the Water Industry Commission for Scotland (WICS) and the Central Market Agency (CMA) have agreed a package of measures worth £60 million to help businesses fa...

March 29, 2020

United Utilities has warned in a trading statement that the current economic climate was likely to draw out and add uncertainty to the recovery of its water retail joint venture Water Plus following o...

March 29, 2020

Affinity Water has appointed founder, and until recently, director of infrastructure strategy consultancy, Indepen, Ann Bishop as a non-executive director. She will take up her appointment on 1 April...

March 29, 2020

Business Secretary, Alok Sharma, has reappointed Dr Andrea Coscelli as chief executive officer of the Competition and Markets Authority.

The reappointment will run until July 2022. Coscelli (pictured)...

March 29, 2020

Moody's Investors Service has downgraded to Baa2 from Baa1 the Corporate Family Rating of Thames  Water Utilities. It has also downgraded Thames Water Utilities Finance's senior secured debt rating to...

March 29, 2020

Pan water-stakeholder collaboration, Water Resources East (WRE), has outlined plans to drop the long-standing "deterministic forecasts" deployed by water companies and regulators in its initial statem...