Utilities

Average annual energy bill to rise to £1,738 in Great Britain from January

An average annual energy bill in England, Scotland and Wales will rise by 1.2% to £1,738 from January, heaping further pressure on household finances.The energy regulator Ofgem said its...

Water watchdog is chasing its tail on executive bonuses | Nils Pratley

New rules on bonuses are “beginning to bite”, the regulator Ofwat has said as it detailed how nine...

UK energy suppliers to spend £500m to cushion pain of rising bills

Energy suppliers will spend £500m helping customers with their energy bills this winter, after the government helped broker...

E.ON must pay £14.5m to prepayment customers after billing failures

The energy regulator has ordered power supplier E.ON Next to pay £14.5m in compensation to nearly 250,000 prepayment...

Thames Water should explain its murky logic on fundraising

Congratulations to Thames Water: it is not going bust early in the new year. Probably. The necessary three-quarters...

Many protected landscapes owned by English water firms in disrepair, data shows

Water companies are allowing important natural landscapes they own to fall into disrepair, data shows, with only 16% of sites of special scientific interest...

Thames Water lobbied Whitehall to press Ofwat on allowing higher bills

Thames Water has lobbied the government to intervene with the regulator to allow it to charge far higher bills, the Guardian can reveal. Advisers and...

Thames Water’s ‘difficult choices’ must include pain for bondholders | Nils Pratley

Is the board of Thames Water having a laugh? Having been told last month by regulator Ofwat that a plan to hike customers’ bills...