United Utilities has announced a remarkable 131 per cent increase in interim profits, driven largely by a sharp rise in water bills across the northwest of England. The average annual
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South East Water, a key supplier for 2.2 million people across Kent, Sussex, Surrey, Hampshire, and Berkshire, has announced a £200 million cash injection to stabilise its financial position. The
The UK government plans to intervene to block Thames Water’s executives from receiving substantial bonuses tied to a £3 billion emergency loan, according to informed sources. The decision arises as
Thames Water, Britain’s largest privatised water utility, is grappling with a financial and regulatory crisis. With a debt of £20 billion, a poor track record on pollution, leakage, and customer
The majority of British water companies are yet to accept Ofwat’s pricing and spending settlements, with just over a week remaining before the deadline to challenge the regulator at the
Major water suppliers have reached a significant financing agreement with industry watchdog Ofwat, leading to substantial bill increases for millions of households over the next five years. Pennon Group, which
A comprehensive Barclays survey has revealed the UK water sector stands as the riskiest utility investment across Europe, raising serious concerns for potential investors and existing stakeholders alike. The research,
