Tag #Ofwat

Showing 13 to 21 of 21 results

news.sky.com
🌐 75% Global Worthiness
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Yorkshire Water to Pay £40m for Sewage Failures

Yorkshire Water will pay a £40 million penalty to Ofwat for sewage system failures causing excessive storm overflows, with £36.6 million for infrastructure upgrades and £3.4 million for river improvements, as it raises customer bills by 29%.

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36% Bias Score

Clean Water and Sanitation
dailymail.co.uk
🌐 85% Global Worthiness
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Ofwat Caps Thames Water Bill Increase, Jeopardizing Rescue Plan

Facing financial crisis, Thames Water's request for a 59% customer bill increase was capped at 35% by Ofwat, jeopardizing its £6 billion rescue plan and prompting a potential taxpayer bailout; the company was also fined £18.2 million and faces a £131.3 million dividend clawback.

Progress

48% Bias Score

Clean Water and Sanitation
news.sky.com
🌐 75% Global Worthiness
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Water Bill Increases Confirmed: Average 36% Rise by 2030

Ofwat confirmed an average 36% increase in water bills across England and Wales by 2030; however, individual increases vary widely among water companies (21%-53%), ranging from £88 to £222 annually, depending on location and supplier.

Progress

32% Bias Score

Clean Water and Sanitation
dailymail.co.uk
🌐 75% Global Worthiness
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UK Water Bills to Rise by £94 (21%) Over Five Years

England and Wales will see an average £94 (21%) water bill increase over five years, starting April 2025, to fund infrastructure upgrades despite concerns over affordability and potential consumer anger, following negotiations between Ofwat and water companies.

Progress

48% Bias Score

Clean Water and Sanitation
news.sky.com
🌐 25% Global Worthiness
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UK Water Companies Blocked from Using Customer Funds for Bonuses

Ofwat, the UK water industry regulator, blocked nine water companies from using customer money to fund executive bonuses, citing insufficient links to performance.

Progress

40% Bias Score

Clean Water and Sanitation
theguardian.com
🌐 75% Global Worthiness
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UK Water Companies Challenge Regulator's Bill Increase Limits

Anglian Water and South East Water appealed Ofwat's decisions on their 2025-2030 business plans, requesting higher bill increases to fund necessary infrastructure upgrades and address water security concerns, citing Ofwat's approved increases as insufficient.

Progress

48% Bias Score

Clean Water and Sanitation
theguardian.com
🌐 85% Global Worthiness
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36% Hike in UK Water Bills Approved to Fund £104bn Infrastructure Investment

English and Welsh water bills will rise by 36% over five years, adding £157 to the average bill by 2030, to fund a £104 billion investment in infrastructure improvements to fix leaky pipes and reduce sewage pollution, despite criticism of the industry's environmental record and financial practices.

Progress

56% Bias Score

Clean Water and Sanitation
theguardian.com
🌐 75% Global Worthiness
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Thames Water Faces £18.2m Penalty and 35% Bill Hike for Dividend Rule Breaches

Ofwat imposed an £18.2 million penalty on Thames Water for dividend rule breaches, necessitating a 35% customer bill increase by 2030, impacting 16 million customers and setting a precedent for stricter regulatory oversight within the water industry.

Progress

40% Bias Score

Clean Water and Sanitation
theguardian.com
🌐 85% Global Worthiness
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England and Wales Face Steep Water Bill Hikes Amid Industry Crisis

Households in England and Wales face water bill increases averaging at least 21% over five years due to underinvestment and weak regulation, leading to crumbling infrastructure, sewage pollution, and £41 million in bonuses paid to water executives since 2020; the government is implementing reforms b...

Progress

56% Bias Score

Clean Water and Sanitation

Showing 13 to 21 of 21 results