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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 has a track record of poor environmental performance, having been fined more than £30 million ($38.4 million) since 2017 for several water pollution incidents, according to the UK ...
Although earlier small-scale water supply operations existed, the New River Company was the first water supply company and is the earliest direct ancestor of Thames Water today. [1] During the 1850s, John Snow and William Farr's identification of the 1854 Broad Street cholera outbreak provided a stimulus for the better treatment of sewage.
The utility giant is struggling under a £14 billion debt pile it has accrued since it was privatised in 1989 and could now potentially be taken into public ownership if further investment is not ...
The water industry was privatised in 1989, according to the Conservative government's programme. The water privatisation in England and Wales involved the transfer of the provision of water and wastewater services in England and Wales from the state to the private sector in 1989, through the sale of the ten regional water authorities (RWA). [1]
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.
Both Castle Water and Covalis have plans to list Thames Water on the stock exchange. Thames Water, Covalis and Suez have been contacted for comment. When Thames Water was privatised in 1989 it had ...
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.