Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Starmer will resign, Trump says

      Number 10 Downing Street entrance with iconic black door and brass letterbox, symbolizing UK Prime Ministers official resi...

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Why 2026 World Cup is when AI becomes the interface between fans and football 

      GettyImages 2280946892: Professional meeting with diverse business executives discussing strategies in a modern office set...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Fogo de Chao nominated for Best Casual Dining Toast award

      Fogo de Chão restaurant exterior with vibrant signage and bustling entrance at popular city location

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Monday 03 April 2023 10:30 pm  |  Updated:  Monday 10 April 2023 10:34 am

Water suppliers will face unlimited fines for sewage dumping, Coffey confirms

By: Nicholas Earl

Add as a preferred source on Google
Water bosses are paring back bonus payments ahead of a regulator clampdown on fat cats, according to Ofwat.
The watchdog Ofwat is establishing new rules requiring shareholders to fund bosses' bonuses rather than households

Water suppliers are set to face unlimited fines for sewage dumping in the government’s latest action plan to crack down on poor performance across the industry.

Speaking at London Wetland Centre, environment secretary Therese Coffey will tomorrow confirm plans to change the law to increase the maximum amount the Environment Agency (EA) can secure in penalties for water companies damaging the environment.

It will launch an industry consultation, including a preferred option to remove the cap and enable the EA to issue unlimited penalties. 

This follows recent action from Ofwat to ensure dividends are clearly linked to company performance for customers and the environment, alongside tighter measures on water company executive bonuses.

Ofwat is planning to accelerate £1.6bn of investment from suppliers to tackle pollution and increase our water resilience – including £1.1bn on storm overflow improvements to cut 10,000 discharges.

Alongside spending pledges from the watchdog, Coffey will unveil plans for a new Water Restoration Fund, using money from water company fines and penalties to support local groups and catchment projects like re-meandering rivers and restoring habitats.

Meanwhile, farmers will be supported with an extra £34m to tackle water pollution and boost food production, with an additional £10m for farm reservoirs and irrigation.  

The government also plans to ban the sale of wet wipes containing plastic, subject to consultation.

Read more

Thames Water on cusp of public ownership after ‘weak’ deal

Thames Water creditors have made a last-ditch offer for a rescue deal.

This is in response to public calls to tackle plastic in British waterways, and will include making sure plastic-free alternatives are available to the public.  

It has also announced new proposals to restrict the use of so-called ‘forever’ chemicals found in rivers and an earlier deadline for water companies to reduce chemicals in wastewater treatment.   

Coffey said: “Our rare chalk streams and world-famous coastlines, lakes and rivers are hugely important to local communities and to nature.

“I completely understand the concerns that people have about the health and resilience of our waters, which is why I am setting out this plan for a truly national effort to protect and improve them. That includes higher penalties taken from water company profits which will be channelled back into the rivers, lakes and streams where it is needed.

“This is not straightforward, but I take this issue extremely seriously and things need to change. That’s why we have developed this plan and we are committed to delivering the progress that people want to see.”

When approached for comment, a spokesperson for industry body Water UK said: “We strongly welcome the plan, which for the first time deals with every sector that has a responsibility for the water environment.

“We particularly agree with the plan’s support for more investment – but also better policy, where the plan proposes to ban plastic in wet wipes, a major cause of fatbergs and pollution”.

Read more

 Thames Water eyes return to London Stock Exchange while Pennon back in profit

Thames Water creditors have made a last-ditch offer for a rescue deal.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Energy

Related Topics

  • environment
  • Thames Water

Trending Articles

  • As it happened: Pound dips and stocks slip as Andy Burnham victory triggers political uncertainty

  • Starmer will resign, Trump says

  • Kaleb Cooper: Brits don’t care about the price of milk 

  • Judge rejects Gatwick Airport bid to block new relaxed runway slot rules

  • Iran to close Strait of Hormuz yet Trump threatens toll

More from CityAM

  • Thames Water on cusp of public ownership after ‘weak’ deal

    Water
    Thames Water creditors have made a last-ditch offer for a rescue deal.
  •  Thames Water eyes return to London Stock Exchange while Pennon back in profit

    Water
    Thames Water creditors have made a last-ditch offer for a rescue deal.
  • Directors of collapsed Carillion banned by accounting watchdog

    Accountancy
    Carillion (Photo by Christopher Furlong/Getty Images)
  • Government urged to accelerate review of ‘disruptive’ EV sales targets

    Motoring
    Caledonia has bought a majority stake in DTM for £55m
  • Cyberattacks hit UK businesses with £3.7bn in legal costs last year

    Business
    The board unaminously agreed to extend Norman's position as Chair
  • Energy giant clashes with HMRC at UK’s highest court over £28m penalty

    Legal
    UK energy power lines spanning a rural landscape, highlighting infrastructure and sustainability efforts in the energy sec...
  • Ticket tout bill branded as ‘not enough’ as Labour confirms crackdown

    Tech
    CMA probes Ticketmaster over Oasis tickets
  • Starmer overrules Miliband on electric car sales targets as he looks to appease automotive industry

    Energy
    Ed Miliband and Keir Starmer discussing wind energy policy at a press conference, highlighting renewable energy initiatives.

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies