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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.
In June 2018 regulators made Thames Water pay £65 million to customers, among other reasons because they failed to repair leaks. [83] In June 2023, Freedom of Information requests revealed that Thames Water leak levels were at their highest for five years. It was estimated to be losing 630 million litres (140 million imperial gallons) a day. [84]
A payment card number, primary account number (PAN), or simply a card number, is the card identifier found on payment cards, such as credit cards and debit cards, as well as stored-value cards, gift cards and other similar cards. In some situations the card number is referred to as a bank card number. The card number is primarily a card ...
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.
When Thames Water was privatised in 1989 it had no debt. However, over the years it borrowed heavily. A large proportion of that was added when Macquarie, an Australian infrastructure bank, owned ...
In 2009, Coppermills was connected to the Thames Water Ring Main via the Northern Extension Tunnel, enabling the facility to be a major supplier of water to the whole London area. [2] It is capable of supplying a maximum of 680 million litres (150,000,000 imp gal; 180,000,000 US gal) of water per day. [3]
Author: Scanned for Parliamentry Council Office: Image title: 05/05/2010; Short title: 44 VICT 1880 No 7 Thames Water Supply Transfer; Keywords: Machines calibrated daily to manufacturers specifications
The Metropolitan Water Board operated the reservoir until the Board was abolished in 1974 under the provisions of the Water Act 1973 (c. 37) ownership and control was transferred to the Thames Water Authority. [8] Under the provisions of the Water Act 1989 (c. 15) the Thames Water Authority was privatised as Thames Water. [9]