Ofwat

The water regulator says returns on invested capital will be capped at a rate of 5.02%, down from the current limit of 6.64%

Thames Water, Northumbrian Water, Essex and Suffolk Water and Hafren Dyfrdwy have been put ‘on report’ by the Consumer Council for Water

The Regulators’ Alliance for Progressing Infrastructure Development (RAPID) will bring together staff from Ofwat, the Environment Agency and Drinking Water Inspectorate

The retailer says the licence will give it the opportunity to take more control over water usage and data, deal directly with wholesalers and improve its water strategy

Water companies must also invest an additional £6m each day between 2020 and 2025 to improve the environment and services for customers

The regulator said there is a ‘significant gap’ between its view of efficient costs and the revised proposals of Anglian Water, SES Water, Thames Water and Yorkshire Water

The Environment Agency has launched a criminal investigation into the case

Its report suggests ‘misjudgements’ by Ofgem and Ofwat on key decisions meant customers have been paying ‘far too much’ for the pipes that connect energy and water to their homes

Severn Trent Water, South West Water and United Utilities customers will see reductions of between £18 and £43

The latter business water supplier has entered into liquidation