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Lawyers for Thames Water Utilities Holding Ltd (TWUH), one of the companies which form Thames Water Group (TWG), told the court that creditors holding more than 75% of its Class A debt – the ...
Thames Water, which is struggling financially, will be able to charge customers 35% more, with bills going up to £588. The average increases have been calculated without inflation, meaning actual ...
Thames Water chief executive Chris Weston, who was hired in January to try to turn around the fortunes of a company drowning in debts, was awarded a bonus of £195,000 for his first three months ...
The UK's largest water and wastewater services company, Thames Water is responsible for an extensive water management infrastructure which includes the Thames Water Ring Main around London, one of Europe's largest wastewater treatment works and the UK's first large-scale desalination plant—both at Beckton in east London—and the £4.2 ...
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When Thames Water was privatised in 1989 it had no debt. However, over the years it borrowed heavily. Thames now needs to raise about £4bn in new equity too, which would not need to be paid back.
Public water supply and sanitation in England and Wales has been characterised by universal access and generally good service quality. In both England and Wales, water companies became privatised in 1989, although Dwr Cymru operates as a not-for-profit organisation. Whilst independent assessments place the cost of water provision in Wales and ...
Thames Water had asked for a rise of £231 by 2030, but that has been reduced to £152. But there are significant variations in price changes between firms. Under the plans, Southern Water ...