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Thames Water said profit increased to £75.4 million for the year ending March 31, up on a £30 million loss the year before. Revenue increased 11% to £2.5 billion.
Thames Water Utilities Ltd, trading as Thames Water, is a British private utility company responsible for the water supply and waste water treatment in most of Greater London, Luton, the Thames Valley, Surrey, Gloucestershire, north Wiltshire, far west Kent, and some other parts of England; like other water companies, it has a monopoly in the regions it serves.
The nine shareholders in Thames Water, which supplies water and wastewater services to 15 million people in London and the southeast of England, said in a statement Thursday that they were “not ...
July 10, 2023 at 4:34 AM. Vuk Valcic/SOPA Images/Sipa US/Reuters. Investors in Thames Water have agreed to put an extra £750 million ($962 million) of equity funding into the troubled utility to ...
Chris Weston. Christopher Phillip Anthony Weston (born 5 January 1964) [1] is a British businessman. In January 2024 he became chief executive of Thames Water. [2] He is the former chief executive of Aggreko, a FTSE 250 Index company, and a former managing director of British Gas, one of the Big Six energy suppliers in the United Kingdom.
Water supply and sanitation in the United Kingdom is provided by a number of water and sewerage companies.Twelve companies and organisations provide drainage and sewerage services, each over a wide area, to the whole United Kingdom; and supply water to most customers in their areas of operation.
The biggest single shareholder is the Ontario Municipal Employees Retirement System, which holds around 32 per cent of the shares. ... Thames Water is reportedly proposing rises of 20 per cent ...
In 1989 the Thames Water Authority was partly privatised, under the provisions of the Water Act 1989 [3] with the water and sewage responsibilities transferring to the newly established publicly quoted company of Thames Water, and the regulatory, land drainage and navigation responsibilities transferring to the newly created National Rivers Authority which later became the Environment Agency.