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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 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.
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.
London's water supply infrastructure has developed over the centuries in line with the expansion of London. Beginning in the 16th century, private companies supplied fresh water to parts of London from wells, the River Thames and the River Lea. Further demand prompted new sources, particularly when the Agricultural and Industrial Revolution ...
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 ...
A total of £6,000,534 was paid to the shareholders and directors in compensation, which was paid in "water stock", paying a 3% annual dividend. [1]: 186 Through municipalization the New River Company became a direct ancestor of the current Thames Water company, the main water supplier to London today.
The Thames Gateway Water Treatment Works or Beckton Desalination Plant is a desalination plant in Beckton, London, adjacent to Beckton Sewage Treatment Works. [1] The plant takes brackish water from the River Thames and converts it into drinkable water through a reverse osmosis process. The first of its kind in the UK, it was built for Thames ...
Map of the London sewerage system from 1882. The London sewer system is part of the water infrastructure serving London, England. The modern system was developed during the late 19th century, and as London has grown the system has been expanded. It is currently owned and operated by Thames Water and serves almost all of Greater London.