Regulator allows utility more time to find money as it scrambles to establish rescue deal
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Regulator allows utility more time to find money as it scrambles to establish rescue deal
Regulator allows utility more time to find money as it scrambles to establish rescue deal
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Ofwat urged to consider ‘regulatory reset’ after struggling utility giant hit with record penalty

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Heavily indebted utility puts back ‘retention payments’ for 21 executives until new year amid search for rescue deal

Environment Secretary triggers market panic by stepping up contingency plans for state control

Struggling utility will be brought under state control if necessary, MPs told after US deal collapses

Environment secretary Emma Reynolds is understood to be concerned the deal places an ‘undue’ burden on taxpayers