Thames Water sold to Chinese investors amid debt crisis
Thames Water, Britain's largest water supplier, has been sold to a consortium linked to the Chinese government, while the UK steps in to manage its staggering £16.8bn debt crisis.
Category : Search result: utilities
Thames Water may face temporary nationalisation
The UK government is reportedly considering placing Thames Water under temporary state control as the debt-laden utility giant struggles to secure private investment. Shadow Environment Secretary Steve Reed warns of potential bill hikes for customers.
Govt plans for Thames Water collapse as crisis deepens
Specialist advisers have been appointed to oversee contingency plans for Thames Water's potential collapse, as the UK's largest water supplier faces financial turmoil.
Ofwat examines £13m paid to Yorkshire Water boss offshore
Ofwat is probing £13m in payments made to Yorkshire Water CEO Nicola Shaw via an offshore parent company, raising concerns over transparency and executive pay in the utilities sector.
Water nationalisation: fair price or false promise?
The debate over water nationalisation heats up as critics question whether the public is truly benefiting from the move. Explore the financial and social implications.
Whitmer reshapes Michigan utilities for clean energy push
Michigan Governor Gretchen Whitmer appoints new utilities board members to accelerate the state's transition to clean energy, setting a national example.
Yorkshire Water boss in offshore pay row
The CEO of Yorkshire Water faces backlash as millions paid to offshore parent company while customers struggle with soaring bills.
Labour MPs slam Thames Water exec bonuses amid crisis
Labour MPs demand action as Thames Water executives receive hefty bonuses despite company's financial turmoil and service failures.
Labour's AI plans may hike water bills
Experts warn that Labour's ambitious AI data centre plans may lead to skyrocketing water bills, with local suppliers struggling to meet demand.
Public ownership of water: time for change?
Amid rising bills and service failures, the case for bringing England's water industry back into public hands grows stronger. Explore the arguments for and against renationalisation.
Scrap Ofwat: Fixing Britain's broken water system
The UK's water crisis demands radical action. Scrapping Ofwat and holding Thames Water executives accountable could be the first steps towards fixing a broken system.
Labour calls for Ofwat review over water company failures
Amid growing concerns over water company performance, Labour's Jim McMahon demands an independent review of Ofwat's regulatory framework to ensure accountability and better service for consumers.
Southern Water told to rebuild trust after pollution failures
Environment Secretary Steve Reed has called for Southern Water to 'rebuild public trust' following severe pollution incidents. The utility giant faces mounting pressure over its environmental record.
Water boss doubles salary amid sewage scandal
Southern Water's CEO faces backlash as his salary doubles to £1.3m while the company struggles with sewage spills and financial penalties.
Water firms may dodge Labour bonus ban
Water companies in the UK may be circumventing Labour's proposed ban on executive bonuses, sparking outrage among campaigners and politicians.
Water companies face unlimited fines in overhaul
Water firms in England face tougher penalties and stricter oversight as the government cracks down on pollution and poor performance.
Ofwat to be scrapped in water regulation overhaul
The UK government is set to abolish Ofwat and replace it with a new water regulator, signalling a major overhaul of the industry's oversight.
Southern Water CEO pay doubles to £1.4m despite ban
Southern Water has nearly doubled its CEO’s pay to £1.4m, sparking fury as the firm faces criticism over service failures and environmental breaches.
Thames Water accused of 'gun to head' over bills
Thames Water is under fire for allegedly pressuring customers with steep bill hikes while failing to address leaks and sewage spills. Critics call it 'highway robbery'.
Thames Water faces crisis over contamination and £15bn debt
Thames Water is under fire for contaminating Oxfordshire's water supply while struggling with mounting debt. MPs demand accountability as Ofwat investigates.
Thames Water warns of decade-long turnaround
Thames Water's CEO reveals a grim financial outlook, with losses hitting £1.6bn and a decade-long recovery plan ahead. What does this mean for customers and investors?
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