Company News
Severn Trent has been given the green light by Ofwat for a major multibillion pound investment AMP8 programme, set to deliver huge benefits to the Midlands.
Yorkshire Water is investing £6 million in Howden and Howdendyke in phase one of major development to improve water quality and resilience in the existing network.
Southern Water has reported a loss before tax for FY 2023-24 of £207.6 million, compared to £368.6 million profit in 2023, according to its newly-published Annual Report and Financial Statements for the year ended 31 March 2024.
Water UK, the body which represents all of the UK water companies, is warning that Ofwat’s PR24 draft determinations published yesterday could see the regulator “repeating mistakes of the past.”
Pennon Group, the owners of South West Water, Bristol Water and SES Water, has announced that Steve Buck, Chief Financial Officer, has decided to step down for personal reasons.
- Ofwat puts Thames Water in Turnaround Oversight Regime and cuts proposed AMP8 investment of £21.9 billion to £16.9 billion
- Thames Water announces design changes to its Teddington Direct River Abstraction project
- Anglian Water invests nearly £1 million to secure water supplies in Lower Stondon
- Thames Water - debts increase as firm warns it will run out of funds by end May 2025
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Expert Focus
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Thames Water starts work on £20 million pipe upgrade in Islington February 13, 2024
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