After a series of outstanding undisputed charges, Ofwat has recently revoked Tor Water Limited’s WSSL or the water supply and sewerage license. This announcement follows South West Water’s notice to Ofwat informing them that it had also terminated its wholesale contract with Tor Water because of several outstanding payments that were undisputed.
Thousands of workers have been laid off from work in the past twelve months since Npower’s turbulent struggle with corporate exposure, level of debt, and the subsequent merger with E.ON.
Several reports surfaced in January 2019 alleging that job cuts are in the future for Npower which became
In what are already challenging times, water firms are now facing a new challenge- an increase in sewage blockages during the lockdown. Panic buying led to unavailability of toilet paper in many areas, due to which people have been using kitchen rolls, wipes and even newspapers. Flushing these down the toilet has been clogging up pipes and leading to increased blockages.
With Work from Home and social distancing becoming the norm due to the Coronavirus crisis, people are spending all their time at home. This has brought with itself another worry- that of rising utility bills over the coming months. Energy prices are not consistent across the UK, and consumers at some places may be paying considerably more than those in other areas.
Demonstrating that they acted in the best interest of their customers could earn companies some leeway from the utility’s regulator Ofwat. This could be welcome news for companies that are already stressed due to the coronavirus pandemic that has not yet shown any signs of slowing down.
The Covid-19 pandemic and its impact are being felt all over the globe. UK’s economy has been severely impacted by it. The Government has been making numerous forms of financial support available to all types of businesses. Ofwat, UK’s water regulator, sought input for mitigating the impact that coronavirus is having on businesses. It has also proposed several measures that would help to limit the disruption of business customers.