Water

Utility Week Awards Judges’ Masterclass

Weekend press: Thames shareholders to inject £1bn

United Utilities workers vote to strike

Thames investors split on stumping up extra cash

Time is running out for affordability plans

Anglian named water company of the year

Thames brings in industry heavyweight as chair

Bypassing impact assessment speeds up pipeline project

Regulator calms Thames collapse fears

Ofwat confirms tougher action on unwarranted bonuses

Ofwat has confirmed measures intended to block water company bosses from claiming unwarranted bonus payments. The regulator has confirmed plans to implement an end-of-period reconciliation mechanism which would allow it to adjust a company’s revenue allowance if it does not meet Ofwat’s expectations, particularly around financial and environmental objectives.

Northumbrian launches sector’s first open data strategy

Former regulators to share views with UW members

Customers or taxpayer to be on hook for Thames woes

Anglian fined £150k for pollution incident

Thames investors risk losing everything

With the government and Ofwat preparing contingency measures for the potential collapse of Thames Water, the company’s investors are once again being asked to provide more funding. Joanna Ford, restructuring & insolvency partner at Cripps, warns that failing to stump up more cash could see investors lose everything if the worse should happen.