Are we a step closer to a ‘water big six’?
Does Business Stream’s purchase of Yorkshire Water’s business customers pave the way for further consolidation in the market?
Thames trade dispute with Castle Water upheld
Thames Water has had a trading dispute with Castle Water regarding incorrect meter readings upheld by the Trade Disputes Committee (TDC).
Castle Water agrees £100m financing facilities
Castle Water has agreed new financing facilities, which the company will use to pay water charges in advance to wholesalers including Thames Water, Scottish Water, South East Water and Portsmouth Water.
Government renews calls for retailers to engage SMEs
The government and Ofwat have renewed calls for water retailers to engage more with small and medium enterprise (SME) customers, to attract them into the market.
Castle Water wins second multi-million-pound public sector deal
Castle Water has won a second multi-million-pound public sector water retail contract through the Crown Commercial Service framework.
Renewed calls for market alignment
Confusion for retailers in the English and Scottish markets as Wics puts a moratorium on the granting of self-supply licences at the same time as Ofwat cites the success of self-supply
Code change ‘will allow back-billing’
Castle Water warns that Codes Panel vote to suspend final settlement reports could lead to back-billing – despite the intention of the market and Ofwat’s express wishes
Castle Water buys Water Choice
South East Water said to have made a ‘commitment’ to find all members of the Water Choice team alternative roles to ‘avoid job losses’ when 50,000 customers transfer to Castle in July
Should Scots and English markets converge?
A unified competitive business retail market would reduce costs but there is little political appetite for it.
4 Aug. 3 min read.
Market profile: Castle Water
“Some wholesalers have realised retailers are their customers, others haven’t worked it out yet”
21 Jul. 3 min read.
Retailers rail against claim the market has gone ‘off the boil’
Broker says water competition has ‘gone off the boil’ and calls for Ofwat intervention, but water companies say the market is already delivering savings to customers.
21 Jul. 3 min read.
Yorkshire’s business arm for sale
Yorkshire Water has confirmed that it will sell its business customer base. Who are the companies tipped as potential buyers, and will this take the water market closer to having its own ‘big six’?
7 Jul. 3 min read.