South East Water could lose operating licence after outages in Kent and Sussex

AI Summary
South East Water is facing potential loss of its operating license after recent water outages in Kent and Sussex left thousands of residents without water for up to a week. Environment Secretary Emma Reynolds has requested that Ofwat, the regulator, review the company's license, potentially leading to a special administration regime and the search for a new buyer. The outages, affecting areas like Tunbridge Wells, are attributed to leaks in the company's aging pipe system, exacerbated by bad weather. South East Water CEO David Hinton is under pressure to resign, facing criticism for his handling of the crises and his compensation package. Ofwat could impose a fine of up to 10% of the company's annual turnover if a breach of license is found but revocation is avoided.
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