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water companies

  • Heat wave bottle jobs: Water firms set up emergency supply points in Kent, with tankers on standby

    Water

    With temperatures setting records for May over the long bank holiday weekend, emergency supplies of bottled water were sent to two major Kent towns and hundreds of Brits were hit with interruptions to their water supply. Distribution points were set up in Faversham and Ramsgate as a precaution, amid problems with infrastructure in the area. [...]

    UK heat wave and water issues
  • South East Water boss David Hinton resigns

    Water

    The chief executive of South East Water, David Hinton, resigned from the embattled utility today, after presiding over one of the scandal-hit industry’s most notorious supply failures.  Hinton was in charge during a series of outages in Tunbridge Wells and Kent in November and December 2025. There were more outages last January. As the firm struggled [...]

    Macquarie is to invest £1.2bn into Southern Water in a move that could prevent a breach of its regulatory license.
  • Will Thames Water’s latest rescue package pass muster?

    Opinion

    Thames Water’s latest rescue package has been designed to fend off the public’s criticism of the way the company has been mismanaged. In a statement, Thames Water said the new detail would comprise £6.6bn of new debt – including £3.3bn accessible on day one of the rescue plan being implemented – which will be provided [...]

    Thames Water creditors have made a last-ditch offer for a rescue deal.
  • Thames Water creditors offer ‘best and final’ rescue funding deal

    March 16, 2026

    Thames Water’s creditors have offered a “best and final” offer deal involving new debt and equity in a bid to prevent it from falling into a special administration regime. Investment behemoths Elliott Management, Silver Point Capital, Invesco, PIMCO and other creditors behind the consortium London & Valley Water have presented Ofwat, the water regulator, with [...]

  • 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 [...]

  • Water firms to get ‘MOT checks’ in regulatory overhaul

    January 20, 2026

    Water companies are set to receive “MOT checks” on the quality of their infrastructure in a fresh regulatory overhaul aimed at preventing crumbling pipes, mishandled sewage and unreliable services. Utilities businesses will receive “health checks” to assess the quality of pumps and pipes by a new water regulator set to be introduced under the government’s [...]

  • Rachel Reeves tells creditors to resolve Thames Water crisis

    September 1, 2025

    Rachel Reeves has called for a “market-based solution” to be found at Thames Water before the company is put into special administration. The Chancellor reportedly sent a letter to creditors of Thames Water to state that any solution must result in a “successful turnaround”. Her letter came after environment secretary Steve Reed said the government [...]

  • Thames Water’s cash crunch intensifies as bailout rumours swirl

    August 15, 2025

    Thames Water faces a race against time to avoid collapse even after securing a short-term cash injection. The UK’s largest water company is set to run out of money as soon as September 2026 should it fail to secure a financial lifeline in the form of a recapitalisation deal. The utility company said the second [...]

  • Ofwat to be scrapped in sweeping water reforms

    July 21, 2025

    Ofwat is set to be abolished and replaced by a “single, powerful regulator” aimed at cutting water pollution and protecting families from higher bills, the government has revealed. The Department for Environment, Food and Rural Affairs (Defra) has said operations conducted in England by Ofwat will be merged with the Environment Agency, Natural England and [...]

  • United Utilities: Banned bonus for FTSE 100 CEO revealed

    June 23, 2025

    The amount top bosses at FTSE 100 giant United Utilities are set to lose in bonuses – after the water giant was named as one of six to be banned from handing out the payouts – has been revealed. Earlier this month, new measures in the Water (Special Measures) Act come into force which prohibited utility [...]

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