US Edition
As Britain tightens its belt, the public sector is growing richer than ever
Town hall bosses continue to benefit from record salaries while residents face large increases in council tax
Advertisement
-
Thames Water faces nationalisation just two days before Reeves Statement
A government takeover of the utility would disrupt Chancellor’s already-tight spending plans
-
Thames Water secures £3bn emergency loan to stave off collapse
Controversial restructuring package offers lifeline amid threat of nationalisation
-
Thames Water pumps sewage into chalk stream for 1,000 hours
Pollution has created a ‘coating of brown sewage sludge’ on the River Ver
-
Why higher bills are not enough to defuse the debt bombs in Britain’s water sector
Protesters’ refusal to pay suppliers are a drop in the ocean compared with the liabilities some utilities have amassed
-
Thames Water at risk of default despite £3bn bailout
S&P Global will downgrade the utility giant’s rating to a D if a rescue package is secured
-
Ofwat has failed to defend consumers
The regulator has allowed a privatisation that should have worked well to become a fiasco
-
Britain’s water police are taking us for fools
Ofwat’s latest capitulation proves it is both out of touch and unfit for purpose
-
Water bills set to rise again in future, admits watchdog boss on £160k a year
Households face 36pc, or £157, increase over next five years – and it won’t stop there, warns chief of under-fire regulator Ofwat
-
Mapped: How much your water bill will rise by
Find out how the latest increases affect you
-
Six-figure bonuses for sewage-dumping water bosses – while your bill jumps to £597 a year
Analysis reveals that six of the 10 water and sewerage companies in England and Wales increased chief executive bonuses last year
-
Illegal sewage spills given green light by water watchdogs, report finds
Office for Environmental Protection rules that Environment Agency, Ofwat and Defra all failed to properly apply the law
Advertisement
-
Thames Water chief defends £195k bonus despite jump in sewage spillages
Lenders will vote next week on a £3bn lifeline to keep the company going until May 2026
-
French to run Thames Water under £5bn rescue bid
Covalis Capital plans to finance offer by selling assets including reservoirs and landholdings
-
Anglian Water at risk of ‘predatory’ borrowing rates as Thames crisis spreads
Fears over the finances of water companies have caused a jump in borrowing costs
-
Hong Kong’s richest man mulls Thames Water investment
Li Ka-shing considers granting lifeline to troubled utilities company
-
Polluting water companies to face lighter punishments despite public outrage
Ofwat is exploring plans to weaken a penalty regime aimed at improving performance among water suppliers
-
Thames Water faces ‘predatory’ interest bill on £3bn loan
Fears latest deal to stave off collapse will inflate company’s debt pile and increase finance costs
-
Britain needs to invest more in water
The Government’s energy policy risks the lights going out. Voters won’t be pleased if the taps run dry as well
-
If Thames Water goes bust, then so be it
Bad management and absent board directors – investors knew what they were getting into
-
Less sewage rather than fines should be the priority
Where is the rationale in imposing penalties on indebted companies expected to invest heavily in new pipelines and sewers?
-
Britain’s water crisis is spreading – and there’s no plan to stop it
The problems at debt-ridden suppliers are spiralling into a national emergency
-
Water companies ordered to pay back £158m to customers
Bills will fall as regulator reprimands industry over ‘disappointing’ performance
