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CMA to hear Castle appeal against Ofwat credit ruling on fragile wholesalers
The Competition and Markets Authority (CMA) has granted Castle Water permission to appeal a decision by Ofwat on credit in the...
by Karma Loveday
Mar 231 min read
Tony Juniper reappointed as chair of Natural England for a third term
Photo credit: Jason Bye Defra has reappointed Tony Juniper CBE as chair of Natural England, for a third term. First appointed in 2019,...
by Karma Loveday
Mar 231 min read
Ofwat accepts £40m river package from Yorkshire Water in lieu of wastewater breaches fine
Ofwat has accepted a £40m package of undertakings over 2025-30 from Yorkshire Water in lieu of the financial penalty it mooted last...
by Karma Loveday
Mar 233 min read
OEP to investigate Defra and the EA for WFD compliance failures
The Office for Environmental Protection (OEP) has launched an investigation into possible failures by Defra and the Environment Agency to...
by Karma Loveday
Mar 232 min read
Sewage deal in Oxford could prove a blueprint for growth
The Environment Agency (EA) and Oxford City Council have agreed a plan to unlock 18,000 homes in Oxford, that they say could become a...
by Karma Loveday
Mar 231 min read
Treasury issues Action Plan to push regulators to support growth
HM Treasury has published an Action Plan, setting out a new approach to ensure regulations and regulators support growth. Chancellor...
by Karma Loveday
Mar 232 min read
Wessex sees strong demand for bond issue with premium
Wessex paid a 6.625% yield on its latest £250m September 2040 bond. The price (rated Baa1/BBB+ by Moody’s and Fitch) cost the company a...
by Verity Mitchell
Mar 232 min read
Ofwat flags up financeability as the likely focus as it refers five firms to the CMA
Ofwat has formally referred the final determinations of five water companies – Anglian, Northumbrian, South East, Southern and Wessex –...
by Karma Loveday
Mar 231 min read
Thames pauses CMA appeal as it hopes for market-led solution post court win
Appeal against emergency funding proposals dismissed Thames Water received court approval for a £3bn loan from creditors which has...
by Verity Mitchell
Mar 232 min read
Severn Trent secures Carbon Trust accolade
Severn Trent has become the first water company to receive the 'Advancing' level certificate from the Carbon Trust, a part of the climate...
by Karma Loveday
Mar 161 min read
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