Finance and Investment
Chair of the National Infrastructure Commission (NIC) Sir John Armitt has written to Chancellor Rishi Sunak calling for the creation of a UK bank with an explicit focus on infrastructure as a domestic replacement for the European Investment Bank.
Fitch Ratings is warning that the fallout from coronavirus, including delayed customer payments, increased bad debts and modified consumption volumes, will temporarily reduce cash flow, liquidity and covenant headroom of UK water companies in this financial year.
Fitch Ratings has downgraded the credit ratings of Thames Water’s holding company Kemble Water Finance Ltd and revised its Issuer Default Rating to Negative, reflecting pressure on Kemble's and Thames Water’s financial profiles as a result of Ofwat’s challenging Final Determination on the company’s AMP7 business plan.
The latest United Nations Conference on Trade and Development (UNCTAD) assessment is warning that the coronavirus pandemic is set to cause a dramatic drop in global foreign direct investment, driving it down by 30%-40% in 2020.
Moody's ratings agency has affirmed the Baa3 senior secured debt ratings of Southern Water Services (Finance) Ltd, whose issuance is guaranteed by Southern Water. The rating outlook is stable.
- Budget 2020 – Chancellor announces £multi billion funding for flood infrastructure and natural habitats
- Fitch Ratings agency downgrades Wessex Water
- ABI warns insurance pay outs for storms Ciara and Dennis set to top £363 million
- Moody's downgrades SES Water and confirms Anglian Water - both ratings with negative outlook
Latest Tenders
-
-
United Kingdom – Coventry: Biosolids recycling and associated services. Deadline: PME 01.04.2025 March 12, 2025
-
-
-
United Kingdom – Glasgow: Supply of Low Emission Structural Steel & Rebar. Deadline: 04.04.2025 March 6, 2025
-
United Kingdom – Belfast: Collection & Transportation of Water & Wastewater Samples. Deadline: RFI March 6, 2025
Generate More Business
Increase your sales by targeting Waterbriefing's named readership of over 8000 water industry professionals:
Showcase your Company
Include news about your latest product or technology and receive home page coverage. Click here.
Join our Directory
Make it easy for prospective customers to find out about your services. Click here.
Promote your Story
Make your company news the first story Waterbriefing users see, via our scrolling news feature. Click here.
Place an Advert
Promote your expertise through an online banner ad, with packages to suit every budget. Click here.
Expert Focus
-
Thames Water starts work on £20 million pipe upgrade in Islington February 13, 2024
-
-
-
-
-
Sign In
