Crumbling water industry is damaging Britain’s economy, MPs warn
ENGLAND AND WALES, JUL 18 – MPs warn that 20% of people struggle to afford rising water bills amid underinvestment, pollution, and financial instability in England and Wales' water sector.
- On July 19 in London, the Public Accounts Committee published findings, saying the system of regulating water companies needs `a complete overhaul`, as MPs warned of systemic failure.
- The Office for Environmental Protection found failures to enforce environmental law by Ofwat and Environment Agency, highlighting regulatory deficiencies that have strained the water system.
- The Environment Agency reports over £151 million in fines since 2015, yet water mains require 700 years to replace at current rates.
- Thames Water Chief Executive Chris Weston reported a £1.65 billion loss, prompting the government to consider intervention that would add billions to public finances.
- Looking ahead to 2050, England faces a 5 bn-litre daily shortfall and needs to build 10 reservoirs, with none constructed in the past 30 years.
19 Articles
19 Articles


Thames Water should be brought under public control, say Shire Hall chiefs
'Nationalisation is the only credible option to end the unlawful dumping of raw sewage, stop rewarding shareholders for failure, reinvest all profits back into fixing leaks'


‘Extremely stressed’: Thames Water warns of collapse without overhaul of UK water rules
Proposed measures to fix sector expected on MondayIndebted Thames Water fighting for survivalRegulation overhaul could be proposedLONDON, July 19 — Britain is expected to set out measures to fix its broken water sector on Monday as Thames Water teeters on the brink of failure, saying it needs a “reset” of regulation to have any chance of avoiding nationalisation.The country’s biggest water company has been fighting for its survival for the last …
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