Category: Utilities

Thames Water collapse could trigger Truss-style borrowing crisis, Whitehall officials fear

Exclusive: Concerns over effect on UK’s finances lead officials to believe utility should be renationalised before general electionSenior Whitehall officials fear Thames Water’s financial collapse could trigger a...

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Water firms’ profits in England and Wales almost double since 2019, find Lib Dems

Party to call for measures to stop companies prioritising profit over environment at spring conferenceWater companies in England and Wales have almost doubled their profits since 2019.During this parliament, which started in...

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Thames Water lobbying government to let it increase bills by 40%

UK’s largest water company also calls for dividend payouts and lower fines for breaches to avoid taxpayer bailoutThames Water has been lobbying the government and regulators to let it increase bills by 40%, pay lower fines...

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Water bosses face bonus bans if their companies discharge sewage illegally

Senior executives took £26m in bonuses and other benefits in past four years despite 140,000 sewage overflows a yearWater company bosses who preside over illegal sewage spills face a ban on their bonuses.The environment...

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More than 2m UK prepay meter users to be cut off from gas or electric this winter

Citizens Advice anticipating busiest winter ever for helping people who cannot afford to top up More than 2 million people across the UK will be cut off from their gas and electricity this winter because they cannot afford to...

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