Finance News – Ofwat
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Anglian Water to pay £63m over sewage failures
Anglian Water faces a substantial financial penalty following regulatory findings that it did not properly manage and maintain its wastewater infrastructure, resulting in legal non...
Read Full Article →Cunliffe’s reforms for water should have happened 20 years ago | Nils Pratley
The proposed overhaul aims to improve financial oversight and efficiency by consolidating multiple regulatory bodies, addressing longstanding issues that have hindered investment a...
Read Full Article →Ofwat to be abolished, government confirms, as water industry urged to address ‘Great Stink moment’...
The planned replacement of Ofwat with a more robust regulator aims to improve financial oversight and accountability within the water industry, potentially leading to significant c...
Read Full Article →South West Water allowed to invest £24m rather than pay £19m fine
South West Water will direct £24 million towards regulatory measures instead of an immediate £19 million sanction, reflecting a financial decision linked to environmental complianc...
Read Full Article →South West Water to pay £24m to avoid fine from Ofwat over leaks
South West Water will allocate £24 million toward improvements in its wastewater infrastructure and surrounding areas to prevent penalties from the regulator following inadequate m...
Read Full Article →Macquarie to inject £1.2bn into struggling Southern Water
The £1.2 billion investment from Macquarie aims to support Southern Water’s financial stability and ensure continued compliance with regulatory requirements while enabling planned...
Read Full Article →Thames Water hit with £123m of fines over sewage and dividend breaches
Thames Water faces substantial penalties totaling £123 million due to regulatory violations, reflecting significant financial consequences aimed at holding the company and its inve...
Read Full Article →Thames Water slapped with historic £123m fine from Ofwat
The £123 million penalty imposed on Thames Water by the regulator reflects significant financial consequences stemming from violations related to wastewater management and dividend...
Read Full Article →Ofwat: Water regulator courts investors with refreshed PFI deals
Ofwat aims to attract over £50 billion for essential water infrastructure improvements by offering private investors assured returns, limited risks, and government-backed financial...
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