Thames has been fined £57mn by Ofwat for missing environmental and efficiency KPIs, despite YoY improvement taking it into the “average” category, from “lagging”. The sector was fined £158mn in total.While a small number, this again highlights
Thames Water's chair Sir Adrian Montague blamed poor financial performance on the regulator's decision to enforce "deliberately very low" water bills. And the company's plan to turn things around will make customers pay more.Tuesday 12 December 2023 21:59, UK Thames Water ...
Thames Water's financial survival has been questioned since Sky's City editor Mark Kleinman revealed in June last year that ministers had begundiscussions on contingency plansfor a possible special administration that would place the firm in temporary public ownership. Such a move would allow everyd...
Watch the latest from ITV News - Thames Water says it has debts of more than £15 billion and warns customers' bills could rise by more than 40% without more investment.
It comes after Thames Water's bossSarah Bentleystepped down with immediate effect on Tuesday in the face of increasing concerns about the company's financial stability. Ms Bentley, who was appointed in 2020, said in May she would give up her bonus after the company’s environmental and cus...
Rand Water is a provider of water and sanitation solutions within the water service industry. The company focuses on bulk water service provision, developing and retaining skills in the water sector, and maintaining financial performance. Rand Water primarily serves the water services sector. It was...
coli bacteria; one member of the Oxford team told the BBC he had been vomiting before the race, saying “it would be a lot nicer if there wasn’t as much poo in the water.” The financial failure of Thames Water’s holding company coupled with the Boat Race debacle constitute what may...
Mergelas, B.; Bond, A.; Laven, K. Financial Benefits from Seven Years of Water Loss Control Utilizing the Sahara System at Thames Water in the United Kingdom. Proceedings of ASCE Pipelines 2006, Chicago, Illinois, USAMergelas, B. Bond, A. and Laven, K. 2006. Financial Benefits from ...
Ofwat said in December that it was concerned about the financial resilience of Thames Water, as well as raising similar concerns about Yorkshire Water, SES Water and Portsmouth Water. Reports about Thames Water being in financial trouble come on the same day that households were warned they...
However, new rules introduced by Ofwat last year prevent the payment of dividends from the utility if they put the company’s financial resilience at risk. Ofwat opened an investigation into a £37.5mn dividend paid by Thames Water in October last year, with a ruling expected within weeks. ...