Water industry

Elliott, unlike Thames Water’s board, sees the inevitability of debt writedowns | Nils Pratley

Is it good or bad news that hedge funds are having a punt in the debt of Thames Water? The speculators include Elliott Management, a firm with a reputation...

Water firms in England and Wales lost more than 1tn litres from leaks last year

Water companies in England and Wales lost more than one trillion litres of water last year in leaks,...

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%...

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...

Thames Water says without steep bill increase it’s ‘neither financeable nor investible’

Thames Water has said it will be unable to recover from its funding crisis if it is blocked...

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...

UK water companies to warn bill cap will drive away investors for overhaul

Water companies will struggle to raise the billions of pounds needed to clear Britain’s waterways and fix its creaking infrastructure under the regulator’s plan...