Displaying items by tag: water companies
New Ofwat measures threaten Thames Water’s future
Ofwat, the water regulator, has announced a draft decision on how much water companies in England can raise consumer bills over the next five years. The regulator has imposed stricter oversight on Thames Water, due to its financial crisis and £18bn debt: Thames may need to limit debt, split the company, or seek equity through public listing. Thames had requested a 40% bill hike to stabilise finances, but Ofwat allowed only 21% over five years. Ofwat’s decisions came just hours before the bosses of sixteen water companies met the new environment secretary, Steve Reed, amid rising public anger and political scrutiny over the state of the UK’s water industry, which has also caused outcry over sewage pollution. Reed's proposed measures include ring-fencing water infrastructure funding exclusively for upgrades and changing company rules to prioritise customers' interests.
Agony of living near polluted rivers
Donna Anderson loved living near the Trent and Mersey canal, but when it rained her garden was flooded with sewage from the canal and nearby streams. She has had to install extra drainage. It is believed the culprit is Severn Trent Water dumping sewage once a month on average into Barton-under-Needwood stream. This is not a nasty isolated incident. Dozens of people’s lives are blighted by raw effluent being pumped into rivers, canals and streams by water companies across the country. Water companies can discharge raw sewage into rivers in ‘exceptional circumstances’ of heavy rainfall which could cause flooding, but it is happening with alarming regularity. In 2020, sewage spilled into rivers 403,171 times, with serious consequences. Sewage is damaging the quality of over a third of rivers. The Daily Telegraph is calling for action to protect England’s waterways from devastating pollution: see