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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 ...
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 ...
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 ...
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.
Thames Water, which has a £14 billion ($17.9 billion) debt pile, anticipates that an extra £2.5 billion ($3.2 billion) of equity funding will be needed in the five years to 2030 to help it ...
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.