All news on the topic: Ofwat

South East Water’s chief executive has admitted he “got it wrong” in his handling of recent water outages as he made a contrite appearance before MPs.

Millions of Brits are expected to see an increase in their water bills of up to 5% in the coming months.

Ministers have prepared insolvency plans for the utility giant Thames Water in the event of a potential collapse, with ministers warning that the company remains in "crisis mode".

The CEO of Ofwat will resign at the end of August as the challenged water regulator gets ready to be dissolved.

Funds were disbursed from a loan intended to stabilize the company’s finances weeks before it halted the retention payments plan.

It’s hoped that the penalty will act as a "clear warning" to the whole water sector, regulator Ofwat said.