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The water company is already under investigation for a smaller £37.5 million dividend payment in October 2023, under new Ofwat rules. Thames Water confirms £158m dividend in March amid scramble ...
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 government is scrambling to put together a plan to rescue Thames Water over increasing fears the company is set to go bust.. The utility giant is struggling under a £14 billion debt pile it ...
September 11, 2024 at 6:13 AM. Ministers have held talks with bosses of water industry investment firms in a bid to attract fresh capital to the scandal-hit sector. Environment Secretary Steve ...
The Thames Tideway Tunnel is a 25 km (16 mi) combined sewer running mostly under the tidal section (estuary) of the River Thames across Inner London intended to capture, store and convey almost all the raw sewage and rainwater that currently overflows into the estuary. These events occur when rainfall volumes exceed the capacity of Bazalgette ...
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.
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 ...
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.