Finance and Investment
A report in yesterday’s Sunday Times newspaper says that Southern Water has alerted law enforcement authorities which are “understood to include the SFO” as part of Ofwat’s ongoing investigations into the operation of some of the utility's wastewater treatment works.
A report in the Financial Times has suggested that the potential renalisation of water companies in England and Wales could cost as little as £14.5 billion – far less than the alternative figure of up to £90 billion suggested by think tank Social Market Foundation in February 2018.
The Competition and Markets Authority (CMA) has published its final report with recommendations to address serious competition problems in the UK audit industry.
Leading global investor warns it will pull investments from firms that fail to act on climate change
Legal & General Investment Management (LGIM). one of the largest global institutional investors and the largest money manager in the UK, is warning that companies that fail to take action on climate change will lose its shareholder backing.
Water companies from around the globe are today joining forces to form the World Water Innovation Fund, which aims to find, develop and accelerate the ground-breaking technologies that will make a real difference to peoples’ lives across the world.
- S&P Global Ratings revises outlook for Northumbrian Water and Portsmouth Water to negative
- New research warns climate losses set to rise unless investors and lenders strengthen risk management
- South East Water to issue bonds and loans via new Sustainability Finance Framework
- Two-thirds of major UK companies to incorporate climate change risks and opportunities in 2019 annual reporting
Latest Tenders
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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 – Glasgow: Supply of Low Emission Structural Steel & Rebar. Deadline: 04.04.2025 March 6, 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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