Water Companies Ordered to Refund £114m to Customers Over Performance Failures

In a groundbreaking decision, water companies in England and Wales have been directed by Ofwat, the industry regulator, to return £114m to customers in the form of reduced bills. This comes after several companies failed to meet their set performance targets. These measures, which encompass issues like leakages, consistent supply, and pollution reduction, were evidently not met by many. Disturbingly, […]

Ofwat Under Fire for Thames Water Crisis

Regulatory watchdog Ofwat is facing a barrage of criticism, accused of complacency concerning the mounting crisis at Thames Water. As the water giant grapples with a potential collapse due to insurmountable debts, many are asking if Ofwat missed the early warning signs or simply chose to ignore them. Nationalisation is the solution to Ofwat’s debt problem? Thames Water, which serves […]