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The chairman of parliament’s work and pensions committee has accused water companies of paying “massive sums” to shareholders while cutting their workers’ pension benefits.
7 years ago
Yorkshire Water has revealed it has a 4.8 per cent mean gender pay gap compared to the national average of 17.4 per cent.
Scotland’s non-domestic water market is celebrating 10 years of being open to competition, having paved the way for businesses to choose their water supplier in April 2008.
EDF has threatened to cease the development of Sizewell C unless the government agrees this year to come up with a viable funding model for the proposed nuclear plant in Suffolk.
The Welsh Conservatives have thrown their weight behind Swansea Bay’s tidal power project amid reports that its backer is braced for job cuts unless the government decides on a go ahead for the pioneering scheme.
Independent energy supplier Iresa may be forced to close if it fails to fix issues raised by Ofgem. Katey Pigden investigates.
SSE plc will publish its financial results for the year to 31 March 2018, on Friday 25 May. It expects earnings ahead of guidance for the 2017/2018 financial period, but says “the 2018/19 financial year is expected to be one of transition for the SSE group”.
Yorkshire Water has raised £20,749 for WaterAid at its recent spring ball at the New Docks in Leeds, which was attended by almost 400 of its employees.
Control over the £125 million raised via the ECO (Energy Company Obligation) in the West Midlands should be handed over to the region’s mayor to help set up a network of pioneering Energy Innovation Zones (EIZs), according to new report.
The government should publish a national capital raising plan to deliver the Clean Growth Strategy (CGS) and set up a £100 million fund to develop local green energy projects, its green finance task force has recommended.
"With most planning to invoice for accrued expenses on issue of the connection offer, there is a concern among DNOs that bad debt may become an issue"
The UK risks losing up to 1.3 GW of low carbon electricity generating capacity over the next five years unless a generation of ageing wind turbines is replaced, a new report warns.
NatWest bank has committed to funding £10 billion to the sustainable energy sector by 2020 to help “accelerate” the transition to a low carbon economy.
Mongoose Energy and Our Power have teamed up to tackle fuel poverty in Scotland with the creation of Our Community Energy – a renewable energy investment scheme.
"Some of the social costs we’re seeing are causing a significant break to growth. It is a huge overhead"
Infrastructure investment manager Ancala Partners has completed its acquisition of Portsmouth Water.
Making the most of new technology, and incorporating innovation into business-as-usual, means getting buy-in from everyone in the organisation.
Utility Week reviews the findings from the first iteration of its new regular research series with industry chief executives. This fourth and final instalment of research analysis covers CEO views on access to finance and investor confidence.
Ofwat has advised the water sector its 2019 price review, PR19 is a “prime opportunity” for companies to “drive up efficiency and productivity”.
Water retailer Castle Water has appointed Douglas McLaren as chief operating officer, effective from 1 June 2018.