Ofwat
Coverage of Ofwat in the Nexus archive.
- Ex-UK water boss charged in plot to ‘manipulate’ test results
A former British water company CEO, Matthew Wright, has been charged with conspiring to manipulate water quality tests between 2012 and 2017. The Environment Agency and regulator Ofwat accuse him of orchestrating a five-year scheme to defraud regulatory bodies, amid public criticism of sewage pollution and government efforts to tighten water sector regulations.
- South East Water to pay £30.5m penalty after Ofwat investigations find 'repeated' supply failures
South East Water will pay a £30.5m penalty following Ofwat investigations that identified 'repeated' supply failures. The penalty stems from the company's failure to maintain reliable water supply services.
- South East Water to pay £30.5m penalty after multiple supply failures
South East Water will pay a £30.5m penalty due to supply interruptions, customer failings, and license breaches, as confirmed by regulator Ofwat. The penalty includes a £22m fine for water supply failures affecting over 286,000 people between 2020 and 2023.
- Thames Water creditors ‘will bid for company even if it is nationalised’
Thames Water's creditors, a group of 100 institutional investors holding £14bn of the company's senior debt, are prepared to bid for the company even if it is temporarily nationalised. They are discussing a £10bn rescue proposal with regulator Ofwat officials.
- Thames Water nationalisation moves closer as government ‘objects to rescue deal’
The UK environment secretary objected to a £10bn rescue plan for Thames Water, citing concerns it would place an 'undue burden' on customers, pushing the company closer to nationalisation. The government's objection to the rescue deal suggests a potential shift towards public ownership for the UK's largest water company.