Information for Words By the Water at The Theatre By The Lake, Keswick (Festival). A Festival of Words and Books. Words by the Water returns with a packed programme of talks, workshops, theatre and music. Always challenging and thought-provoking and with plenty of opportunities for discussion and debate, what can be better than 5 days with some of the best thinkers, writers and commentators in the country in one of the most beautifully-situated theatres?