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Ofwat has been investigating how wastewater and sewage networks are managed across the industry.

Severn Trent was the eighth case it had completed in its industry-wide wastewater investigation, which has resulted in fines and enforcement packages worth more than £300m, including a £104.5m fine for Thames Water.

But Ofwat said that unlike the previous seven cases, Severn Trent “proactively identified problems in its own network” and “began putting them right” before the enforcement case was opened.

“Ofwat has formally accepted an enforceable package of undertakings from Severn Trent Water to ensure the company returns to compliance,” a spokesperson said.

Severn Trent which covers most of the West Midlands including Staffordshire, Shropshire, Warwickshire and Worcestershire, and parts of the East Midlands, including Derbyshire, Leicestershire and Nottinghamshire, said its work in spills reduction continued.

James Jesic, the company’s chief executive, added: “We accept Ofwat’s findings relating to issues that we proactively identified and began addressing these before the enforcement case was opened.

“Our investment programme in spills reduction continues across our region at pace with the strength of our whole organisation and supply chain behind it.”

Its expansion is being backed with a new £4.5m funding line from Barclays Bank

Pasture Restaurant Group has confirmed plans for its first overseas venue..

The group, which operates five steak restaurants across Cardiff, Bristol and Birmingham, has secured a £4.5m refinancing package from Barclays to support the next stage of its growth.

As well as its first overseas venture, in Barcelona, Spain, the funding will enable Pasture to invest further in its existing venues.

Founded in Bristol in 2018 by chef Owner Sam Elliott, its first Cardiff restaurant opened in 2020 and was recently recognised among the world’s top 50 steak restaurants. Since launching it has diversified its offering to include Nightshade speakeasy bar & Parallel restaurant in Cardiff.

The group has also invested its own farm and vineyard which supplies wine and produce for the restaurants, a butcher’s shop, and an online store.

The new Barcelona restaurant is expected to open early next year.

Mr Elliott said“When I founded Pasture Restaurant Group, the goal was simple: to combine great cooking with outstanding local produce.

“Eight years on, it’s incredibly rewarding to see customers continue to connect with that vision, and we’re excited to be entering the next phase of growth with plans to open our first international restaurant in Barcelona.

“Barclays has been a supportive partner throughout our journey, always understanding our ambitions and financial requirements. Everyone at Pasture is looking forward to what comes next.”

Greer Hooper, head of South Wales corporate banking at Barclays, said: “Barclays are delighted to strengthen our ongoing relationship with Pasture Restaurant Group, a dynamic and high regarded hospitality business with a strong regional presence.

“In less than a decade, the group has established itself across key locations including Cardiff, Bristol and Birmingham, building a reputation for quality and consistency. Their continued growth is a clear demonstration of their proposition and their ability to succeed in a highly competitive and evolving sector.”