Regulation and Legislation
Competition Authority progresses inquiry into Pennon Group acquisition of Sutton & East Surrey Water
The Competition and Markets Authority (CMA) is progressing work on its investigation into Pennon Group’s acquisition of Sutton and East Surrey Water which opened on 11 January 2024.
Southern Water has been fined £330,000 after raw sewage escaped into a stream near Southampton for what the company admitted could have been nearly 20 hours.
Philip Duffy, Chief Executive, Environment Agency has told water companies that the increased water company inspections jointly announced with Defra will include a significant increase in in-depth audits of company assets.
The Government has confirmed it intends to bring regulators Ofwat, Ofgem, and Ofcom and their regulatory functions into scope of the Growth Duty measure in early 2024.
Ofwat Chief Executive David Black has written to Wessex Water and South West Water to inform them that the Mendip Quarries strategic resource option (SRO) should continue to receive development funding for Gate three in the RAPID programme.
- EFRA Committee warns Ofwat enforcement powers and fines could place further financial burden on water firms and increase risk of corporate failure
- Water company inspections set to rise to 10,000 a year in crack down on water sector pollution
- Fens Reservoir strategic regional water resource solution gets RAPID go-ahead for gate three funding
- New housing developments in England now legally required to deliver 10% Biodiversity Net Gain
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Thames Water starts work on £20 million pipe upgrade in Islington February 13, 2024
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