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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 ...
A water supplier to more than 450,000 businesses and public sector groups has reportedly emerged as one of the leading contenders to rescue stricken Thames Water ahead of this week’s deadline ...
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 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]
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.
The crisis engulfing Thames Water, which serves 15 million customers in London and the south-east, comes amid renewed focus on the industry which over the last year has been condemned for sewage ...
The watchdog is stepping in to demand more efficient services as calls grow for public ownership.