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The Latest Breaking News from Thames Water

Water regulator Ofwat could be abolished over sewage scandal as firms push for bill hikes of up to 84%

Thames Water has asked to hike bills by 54%

Evening Standard

Rail, water, energy: the big projects likely to be in Rachel Reeves’ budget

Chancellor expected to promote range of infrastructure plans to boost economy, including reviving parts of HS2

The Guardian - UK

Water companies ask to raise bills by even more than first planned

Southern Water, Thames Water and others demanded steeper increases than set out earlier this year despite regulator Ofwat trying to reduce rises.

Evening Standard

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Water companies push for higher bills again as customers face up to 84% hike

Utilities including beleaguered Thames Water have applied to the regulator, Ofwat, to hike tariffs so they can upgrade their networks

The Independent UK

Thames Water fined £67k for 'unsafe' central London works

Utilities giant ordered to pay out after ‘unsafe’ works left members of public ‘at risk’

Evening Standard

Water companies raise bonuses to £9.1m despite record sewage discharges

Third of total comprises bonuses at Severn Trent as indebted Thames nearly doubles payouts to executives

The Guardian - UK

Water firms ‘laying groundwork’ to appeal against Ofwat bill rise cap, says Moody’s

Credit rating agency expects English and Welsh companies to challenge regulator’s ruling with CMA watchdog

The Guardian - UK

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Super sewer: Thames Water customers will pay £25 annual levy for another two decades to fund £4.5bn project

Seven new riverside piers, cycle superhighway reinstated - but tunnel boss won’t be swimming in the Thames, despite Sadiq Khan’s vision

Evening Standard

London's new £4.5bn super sewer opens, but will it clean the Thames?

Four of the tunnel’s 21 sites have now opened, kicking off the Thames’ clean-up operation

Evening Standard

‘They are ruining my life’: how the shadowy world of debt collection can wreck your finances

A stranger’s bill can be passed, in your name, down a chain of companies until it reaches the courts without you knowing anything about it. The result can be catastrophic

The Guardian - UK

Thames clean-up under way as London’s £4.5bn super sewer opens with filthy spills already being stopped

The first valves at four of a total of 21 sites, which operate like giant gates, have opened along the seven metre-wide tunnel

Evening Standard

Don’t indulge the Thames Water whingers next week, prime minister

Labour should stand firm at its investors summit and remind attenders that the UK’s utilities sector is eminently investable

The Guardian - UK

Water companies ordered to return £158m to customers next year after missing key targets

For the second year in a row, no company achieved the top rating, although four companies did show an improvement from last year.

Evening Standard

Southern Water seeks to borrow up to £4bn from investors

Move could increase pressure on utility companies turning to bond markets amid crisis at Thames Water

The Guardian - UK

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The Guardian - UK

Unresolved water complaints in England and Wales rise to near-decade high

Customer disputes over sewage spills, billing mistakes and water meters soar in past year

Bored Panda

The Huron Police Department Helped A Puppy Who Couldn’t Get Out Of A Smelly Situation Alone

This puppy got himself into a really sticky situation, yet everything turned out better than anyone could imagine. The post The Huron Police Department Helped A Puppy Who Couldn’t Get Out Of A Smelly Situation Alone first appeared on Bored Panda.

The Guardian - UK

Calls for failing English water firms to be taken over using special administration

Government urged to use power to control companies such as Thames Water and reform the industry

The Guardian - UK

Thames Water could be blocked from new debt financing next week

Troubled firm has until 7 October to agree to extension, according to holding company accounts

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The Guardian - UK

Labour used water industry analysis to argue against nationalisation

‘Economically illiterate’ Defra letter sent to anti-sewage groups cites 2018 report commissioned by water companies

Evening Standard

OPINION - Thames Water has failed London, it's time to let it go bust — or nationalise it

The longer a scandal rolls on, the harder it is to keep in perspective. It now seems almost normal that we live in a country that pours raw sewage into waterways on a daily basis. When we first heard water companies were releasing filth into rivers and the sea —…

The Guardian - UK

Thames Water credit ratings slashed to lower levels of junk as default fears grow

S&P and Moody’s cut ratings by five notches on risk troubled company will run out of cash

Evening Standard

Credit agencies slash their ratings on Thames Water debt

The move drags £16 billion of Thames Water debt even deeper into junk territory

The Guardian - UK

Six water firms in England ‘overcharged customers by up to £1.5bn’

Firms underreported true scale of sewage pollution for 10 years, which allowed them to set higher bills, tribunal told

The Guardian - UK

Farage says Tory brand is ‘bust’ as other Reform UK speeches target immigrants, drag queens, vegans and more – as it happened

Lee Anderson, Richard Tice and Nigel Farage give speeches at Reform party conference

The Guardian - UK

Thames Water warns its cash may run out as soon as December

Creditors may ease repayment terms to safeguard their current loans as troubled utility fights for survival

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