Thames Water to run out of money by end of the year Water Thames Water is set to run out of cash by the end of the year as the UK’s largest private utility company struggles to secure a finalised rescue deal. The embattled water firm – which serves around 16m customers, mostly in London and the South East – said in its latest financial report that it [...]
South East Water told to cough up £31m and improve infrastructure Water South East Water has been ordered to cough up a hefty redress and create an improvement plan for its operations after multiple investigations by the industry regulator found failures in its infrastructure and customer service. The utility firm – which supplies drinking water to 2.3m customers across the likes of Kent, Sussex and Surrey – [...]
Public markets, not the state, can fix the water sector Opinion Andy Burnham will likely put renationalising utilities back on the table, but that’s not the way to turn on the investment taps, says Rupert Hargreaves The arrival of Andy Burnham in Westminster has once again reignited the debate around the future of the UK’s key infrastructure. The Guardian has reported that Burnham’s allies have talked [...]
South East Water in spat with watchdog after £22m fine March 5, 2026 South East Water has entered a heated spat with the water regulator after it was hit with a £22m fine. The water firm’s fine covers multiple supply interruptions in Kent and Sussex between the period of 2020 and 2023, effecting more than 286,000 people. Ofwat said its investigations into the water firm found it had [...]
Environment secretary: Labour’s water revolution will give investors certainty July 22, 2025 Abolishing Ofwat and streamlining water regulation will give the sector the clarity and accountability it needs to attract private investment, says environment secretary Steve Reed Today is the start of a water revolution. When I came into office a year ago, it was immediately clear our water system needed a complete reset. There were high [...]