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11.08.26 - 14:18
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Drought, water rationing and dry rivers: our water crisis is here | Peter Gleick (The Guardian)
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It doesn't have to be this way. We know what needs to be doneDisturbing news about our water resources is now constant and unrelenting. In just the past few weeks, media have reported that Puerto Rico is suffering a deep water crisis as severe drought has cut water supplies to thousands. The Rhine and Po rivers in Europe are at record low levels. The seven states sharing the Colorado River in the US are fighting over unprecedented shortages, while its major reservoirs have shrunk to their lowest levels since they were built.Hungary's only nuclear power plant is on the verge of shutting down because there isn't enough water in the Danube River to cool it. Toxic chemicals have been found in all English water bodies. Continue reading......
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10.08.26 - 20:00
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Water companies circumventing bonus rules? What did ministers expect? | Nils Pratley (The Guardian)
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Door was left open to such behaviour because the regulator for England and Wales can only use the powers it was given by parliamentThames Water's £1m payout to finance chief is 'unacceptable', says government departmentAnybody who followed the supposed “clampdown” on bankers' bonuses after the great financial crash in 2008 knew what to expect when water company bosses became a similar target for a bash in the bonus department. We would see the waterbed principle in action: when you push down in one area of remuneration, such as the performance-related stuff, another tends to go up.Back in the day, banks invented “role-based allowances” – salary top-ups – to “compensate”, as they put it, their top earners for being subject to EU caps on bonuses. No executive was seriously inconvenienced by forgoing the chance of an astronomical (but not guaranteed) bonus and getting a smaller (but still hefty) increase in fixed pay instead. Some even preferred greater certainty over what they would tak...
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10.08.26 - 11:00
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Thames Water faces row over £1m payment to finance chief (The Guardian)
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Campaign group says firm is 'taking the mickey' by paying fee and Andy Burnham should nationalise itBusiness live – latest updatesThames Water has paid its chief financial officer, Steve Buck, a £1m signing fee despite intense scrutiny of Britain's biggest water company's finances as it tries to avoid being taken into public control.The utility revealed that it made the payment last month, in a letter sent last week by Sir Adrian Montague, its chair, to MPs on the environment, food and rural affairs select committee, Sky News first reported. Continue reading......
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09.08.26 - 14:30
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Puerto Rico Rations Water as Drought Deepens (Bloomberg)
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More than 180,000 customers in Puerto Rico are facing rotating 48-hour water outages as severe drought compounds longstanding problems with the island's water infrastructure. Resident Commissioner Representative Pablo José Hernández joins David Gura and Christina Ruffini on Bloomberg This Weekend and calls for a federal emergency declaration to unlock additional assistance and said poor management has worsened the crisis, while arguing Puerto Rico must also hold local officials accountable. (Source: Bloomberg)...
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08.08.26 - 10:24
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Could England and Wales ever run out of water? (The Guardian)
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Last month in England was the driest July since records began almost two centuries ago. How concerned should we be?Half of England and all of Wales are officially in drought. But what does this mean and could taps eventually run dry?• The headline of this article was amended on 7 August 2026 to refer to England and Wales, rather than the UK. Also, the average usage of 139 litres of water a day is for people in England and Wales, not in the UK as stated in an earlier version; and the 47bn kilolitres of water extracted from the environment in 2023 was in England only. Groundwater was added to the list of main sources of water. Continue reading......
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