Finance and Investment
Ratings agencies Moody’s and S & P Global Ratings have downgraded Welsh Water's credit outlook – the rating actions follow Welsh Water's announcement on 31 January 2020 that it will not ask Ofwat to refer its final determination to the Competition and Markets Authority.
Businesses are more dependent on nature and biodiversity than expected, according to The New Nature Economy Report, released by the World Economic Forum at its annual meeting in Davos which takes place this week.
The Prime Minister has appointed the outgoing Bank of England Governor Mark Carney as a key adviser for the UN climate change conference, COP26 which will take place in Glasgow, Scotland in November.
Ofwat’s final price determinations package announced on 16 December 2019 for UK water companies offers an improvement on the draft determinations but the ratings remain under pressure, according to Fitch Ratings.
Credit ratings agency Moody's has warned this morning that the UK water industry is set to suffer its largest credit quality deterioration since privatization.
- New report says each UK household could lose up to £1000 from nationalisation
- European Environment Agency says more investment needed in urban wastewater treatment plants
- John Belgrove, Senior Partner at Aon, appointed Chair of Investment Leaders Group
- Scottish Government launches £3bn green investment programme
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United Kingdom – Coventry: Biosolids recycling and associated services. Deadline: PME 01.04.2025 March 12, 2025
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United Kingdom – Belfast: Collection & Transportation of Water & Wastewater Samples. Deadline: RFI March 6, 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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