Ofwat sets out record £88 billion upgrade to deliver cleaner rivers …

Jul 11, 2024  · Ofwat sets out record £88 billion upgrade to deliver cleaner rivers and seas, and better services for customers 11 July 2024 . ... Ofwat has allowed Thames Water £16.9bn to invest on improving services for customers and the environment. Around 20% of the £16.9bn …


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Ofwat Sets Out Record £88 Billion Upgrade To Deliver Cleaner Rivers …

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Jul 11, 2024  · Ofwat sets out record £88 billion upgrade to deliver cleaner rivers and seas, and better services for customers 11 July 2024 . ... Ofwat has allowed Thames Water £16.9bn to invest on improving services for customers and the environment. Around 20% of the £16.9bn …

ofwat.gov.uk

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Ofwat Sets Out Record £88 Billion - British Water

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Jul 11, 2024  · Ofwat sets out record £88 billion : Posted By Administration, 11 July 2024: While customers in England and Wales have seen bills remain flat in real terms, for three decades, …

britishwater.co.uk

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Ofwat Announces Final Determinations 2025-30 - British Water

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Dec 19, 2024  · • Ofwat has approved a £104 billion upgrade to accelerate delivery of cleaner rivers and seas and secure long-term drinking water supplies for customers • Investment set to …

britishwater.co.uk

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Ofwat Calls On Water Sector To Improve Its Performance After …

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Oct 8, 2024  · In the Draft Determination, Ofwat has proposed a record £88 billion investment package for the next five years which aims to cut sewage spills by 44 per cent. On leakage, …

ofwat.gov.uk

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Ofwat Approves £104bn Upgrade To Accelerate Delivery Of Cleaner …

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Dec 19, 2024  · Investment set to quadruple – nearly 90% of this will go to meet new requirements set out by the Environment Agency, Natural Resources Wales and the Drinking Water …

ofwat.gov.uk

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Ofwat Announces £88 Billion Investment For Cleaner Rivers, Seas, …

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Jul 11, 2024  · Some water companies will need to take further steps to strengthen their financial resilience and Ofwat has required further assurance about their financial resilience in 2025-30 …

smartwatermagazine.com

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Water UK Accuses Ofwat Of Repeating The Mistakes Of The Past, …

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Jul 12, 2024  · Ofwat has set out what it describes as a ‘record breaking’ £88 billion upgrade as part of the 2024 Price Review. However, it comes as a surprise to some, as the figure is £16 …

watermagazine.co.uk

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London Stock Exchange | London Stock Exchange

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Jul 10, 2024  · PRESS RELEASE - IMMEDIATE . Ofwat sets out record £88 billion upgrade to deliver cleaner rivers and seas, and better services for customers · Investment of £10bn to …

londonstockexchange.com

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British Water Calls For Change In Water And Wastewater Sector

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Ofwat sets out record £88 billion - 'While customers in England and Wales have seen bills remain flat in real terms, for three decades, the needs of our water and wastewater network have …

linkedin.com

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Ofwat Sets Out Record £88 Billion Upgrade To Deliver Cleaner Rivers …

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Jul 11, 2024  · This section of the website sets out how we will work with others for the benefit of customers of water and wastewater services and wider society in England and Wales both …

ofwat.gov.uk

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Water Companies Urge Ofwat To Reconsider Investment Cut

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Aug 28, 2024  · Water companies had set out plans to invest a record £105 billion. Ofwat has proposed cutting this by £17 billion. Water companies urge Ofwat to back company plans and …

water.org.uk

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Ofwat Approves £104bn Upgrade For The Water Sector

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Dec 19, 2024  · · Investment set to quadruple – nearly 90% of this will go to meet new requirements set out by the Environment Agency, Natural Resources Wales and the Drinking …

watermagazine.co.uk

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Ofwat Announces Details Of £400m Fund To Spur Water Sector ...

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3 days ago  · Ofwat continues to push the water sector to innovate to continue improving services for customers, provide value and meet the high standards that the public demands. ...

bdcmagazine.com

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Ofwat’s Proposed £88 Billion Spending Package By Water

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Jul 12, 2024  · The Water Services Regulation Authority, commonly known as Ofwat, has approved the eighth Asset Management Plan (AMP8) with an £88 billion infrastructure …

linkedin.com

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Ofwat Announces Details Of £400m Fund To Spur Water Sector ...

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3 days ago  · The Ofwat Innovation Fund will double to £400 million to support projects that could transform the water sector. ... Investment expenditure is set to quadruple over the next five …

watermagazine.co.uk

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Ofwat Announces Details Of £400m Fund To Spur Water Sector ...

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4 days ago  · The Innovation Fund forms part of Ofwat’s approach to innovation in the water sector. Ofwat with the Environment Agency and Drinking Water Inspectorate also runs …

ofwat.gov.uk

FAQs about Ofwat sets out record £88 billion upgrade to deliver cleaner rivers … Coupon?

Why is Ofwat cutting £105 billion in water?

David Henderson, Water UK Chief Executive, said: “Water companies want to invest £105 billion to support economic growth, build more homes, secure our water supplies and end sewage entering our rivers. Ofwat wants to cut that investment by £17 billion – a record amount. ...

Will Ofwat cut investment by £17 billion?

Ofwat has proposed cutting this by £17 billion. Water companies urge Ofwat to back company plans and ensure the right conditions for investment are put in place. Water companies are today warning Ofwat, the water regulator, that its draft decision to cut proposed investment puts urgent improvements at risk. ...

What is the £104bn upgrade for the water sector?

Ofwat has approved a £104bn upgrade for the water sector as part of its final determinations in the PR24 process, which sets investment plans, service commitments and bills for water companies in England and Wales for the 2025-30 period. ...

How much money does Ofwat invest in Thames Water?

Ofwat has allowed Thames Water £16.9bn to invest on improving services for customers and the environment. Around 20% of the £16.9bn funding (worth more than £3bn) is conditional on the company demonstrating it is ready and able to effectively deploy investment or that the investment will be effectively and efficiently targeted. ...

Why is Ofwat proposing a £88bn water spending package?

Ofwat has today proposed allowing a spending package of £88bn by water companies. £35bn of the expenditure reflects the investment needed to reduce pollution, improve customer service, river and bathing water quality, and deliver greater resilience to the impact of climate change. ...

Should water companies spend £88bn in 2024?

In their Draft Determinations for Price Review 2024 (PR24), Ofwat has proposed allowing a spending package of £88bn by water companies. £35bn of the expenditure reflects the investment needed to reduce pollution, improve customer service, river and bathing water quality, and deliver greater resilience to the impact of climate change. ...

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