This week, we look at the responses from investment funds to the Competition & Markets Authority’s proposed approach to aspects of cost of capital regarding PR19 appeals. They warn of risk of deteriorating attractiveness of the UK water sector as an investment proposition.
Ofwat and MOSL outlines their planned regulatory response to the ongoing restrictions in relation to the business retail market regarding the COVID-19 crisis. The bodies have decided to extend the suspension of Market Performance Standard charges until the end of FY2020-21. Ofwat also confirmed its final decisions that four strategic regional water resource solutions have passed through accelerated gate one.
MOSL published its Q3 Quarterly Report and performance against its KPIs, reporting that it has made “significant progress” against many of its commitments.
Arla Foods has been granted self-supply water & sewerage licences.
Defra has given permission to Anglian Water to fast-track £300mn of investment specifically targeted at environmental improvements, river restoration projects and wetland treatment schemes.
Surfers Against Sewage revealed that water companies have committed to making real-time data on sewage discharges available at bathing sites all year round.
We also provide the register and impact assessment of all significant consultations currently open and of relevance to the UK water industry.
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