Bond issue documentation shows UK utility under pressure over high financing costs
Environment secretary says new commission will consider all options regarding water regulator
Companies pushing for prices to increase by up to 84% on top of inflation over next 5 years to boost investment
Sector suffering ‘diminishing investor confidence’ while needing major investment, says rating agency
Regulator Ofwat calls on industry to address ‘issues of culture and leadership’
Increase of 27% set out by Ofwat in letter fuels complaints from industries facing far higher costs
Companies can expect higher borrowing costs as investors demand larger premium
Another highly concentrated discharge from the TapCos
Utility calls for 52 per cent increase in customer bills by 2030 to fund investment
Struggling utility accepts greater oversight and new independent directors in lieu of regulatory penalty
London utility edges towards nationalisation after S&P slashes its credit status to ‘junk’
Severn Trent, United Utilities, Dŵr Cymru Welsh Water and Hafren Dyfrdwy added to investigation
The board has failed to deliver — bring in the Special Administrators
A stock market quotation confers transparency over corporate governance, accounting and performance
Regulator signs off on limited increase in household bills across the country
Proposals come as South East Water warns it needs investors to put more money into the business
Investors, consumers and green campaigners will all be left unsatisfied by latest talks but Ofwat has a different priority
Ofwat has limited room for manoeuvre in providing leniency to financially distressed water companies
Ofwat draws up proposal for ‘recovery regime’ to avoid nationalisation of Thames Water and other groups
Industry lobby group criticises Ofwat for ‘slow’ and ‘inflexible’ processes that delay vital infrastructure
Ofwat encourages debt-laden utilities to set up entities to deliver reservoirs and pipelines
Breakdown of accounts comes as testing on Tideway tunnel set to begin and UK’s biggest water provider faces debt crisis
Troubled utility asks regulator to approve higher expenditure alongside potential rise to bills
Ofwat criticises failure to improve infrastructure in letter seen by Financial Times
Chancellor says UK government will never insure investors against poor decisions
