Finance News – Water Companies
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Water firms should serve the common good | Letters
Implementing legal requirements for private water companies to prioritize public benefits over profits could enhance accountability and influence financial management to better pro...
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 →Waste disposal practices are harming the environment | Letters
The potential tightening of regulations on spreading sewage sludge and similar materials risks significant economic impacts on industries reliant on current disposal methods, promp...
Read Full Article →Ofwat should have to approve water firms’ bonuses and dividends, say MPs
MPs have raised concerns that water companies are using customer funds to distribute executive bonuses and shareholder profits, suggesting that regulatory oversight should be requi...
Read Full Article →Water companies should be taken into public ownership now | Letter
Over the past thirty years, water firms have distributed £78 billion to shareholders, with a significant portion of consumer bills allocated to servicing debt and dividend payments...
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