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Chris Weston’s comments come ahead of a crunch Ofwat decision next week on whether Thames Water can increase consumer bills by 59%.
Thames Water is trying to secure £3bn in emergency funding to protect against imminent collapse, a plan which London’s High Court will decide on in Febrary. The company is also looking to find ...
In June 2018 regulators made Thames Water pay £65 million to customers, among other reasons because they failed to repair leaks. [88] 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. [89]
On 29 July 2024, just over three weeks after gaining power in the 2024 general election, the new Labour government led by the new prime minister, Keir Starmer, announced plans to abolish the winter fuel payment for pensioners in England and Wales (these payments are the responsibility of the devolved governments in Northern Ireland and Scotland ...
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The charity says that about 40% of its donations are from pensioners donating their winter payment. [9] In Workington, a thief convicted of stealing £350 from a male pensioner was spared a prison sentence in October after his lawyer told the court that the crime was no worse than that of Starmer in scrapping the winter fuel payment for pensioners.
What could this mean for Thames Water and customers? Bill rises for all companies until 2030 have already been announced by the regulator Ofwat, with Thames Water bills rising from an average £ ...
Thames Water announced that he would become chief executive in December 2023. [2] Weston took up the position on 8 January 2024 and will be paid an annual salary of £850,000 and a performance-related bonus of up to 156 per cent, taking his total package to about £2.25 million.