Tag: debts

Ofwat orders Thames Water and Southern Water to return £80m to customers

New rules for water company insolvency in UK

January 29, 2024

The government has introduced updated legislation addressing water company insolvency, aiming…

Thames Water to revise smart metering policy after Ofwat challenge

‘Thames Water investors could lose everything’

Experts caution Thames Water investors that if they withhold further funding and the company…

Perilous floods in Pakistan leave more than 1,000 dead

UK looks to provide loans to countries impacted by climate change

November 10, 2022

Debts due to climate shocks will also be deferred

Consumers switching power suppliers hit half a million in April

Octopus Energy granted £13.2m to cover failed supplier Iresa’s debts

January 28, 2019

The money includes almost £11.5m in customer credit balances