Byline: JONATHAN PRYNN;BO WILSONTHAMES WATER has been fined [pounds sterling]50,000 for poor maintenance which resulted in thousands of gallons of sewage flowing past schools, allotments and back gardens.The company, which last year made profits of [pounds sterling]347 million, was prosecuted ...
given that [Thames Water] and its shareholders are currently engaged in a collaborative process to agree and facilitate such equity commitments, the [Thames Water] board believes it is reasonable to incorporate this additional £1bn of equity funding...
Rainy day for iconic British brand as profits suffer Thames Water under threat Thames Water is owned by a group of sovereign wealth funds and pension funds from countries including Abu Dhabi, Australia, Britain, Canada and China. A number of the investors are represented on boards which sit at...
But the water company earned opprobrium from consumer groups, MPs and the media alike when it was found still to be missing its own leakage targets - at the same time as telling consumers to use less water.Reporting an almost one-third increase in profits - as it pushes through a 24 per...
Over the last 2 years a lot of people have asked me, why swimming in the Thames? Its taken a bit of time but I now know why, there’s water in my veins. Watery holidays were a consistent feature of my childhood. Whether a narrowboat holiday on the Grand Union or being buffeted by...
than hoped. Energy prices are considerably lower than a year ago, but that has not yet led to a stabilization of prices. The big question in the short term is who will pay the price: the employees in the form of lower purchasing power, or the employers in the form of lower profits?
New products are continually being made from peanuts, among them peanut cheese and a powder that becomes peanut butter when water is added. The fact is that peanuts are so healthy that they were used by astronauts. The unusual nut that isn’t a nut is one of nature’s most amazing gifts...
Thames, which made [pounds sterling]549 million profits last year, applied today to the industry regulator Ofwat for permission to impose the levy in the next financial year.The move was immediately attacked by the London water watchdog which said it would hit consumers hard. Sir Tony Redmond,...
This in the context of a company whose half-year revenues were just £1bn and which, between 2015 and 2020, has committed to investing more than £5bn on its network, plus a further £97m on its largest water pipes. Half year pre-tax profits fell by 8% to £140.7m. ...
Water Profits Protest; BIG BONUSES FOR THAMES DIRECTORS AS LEAKS APPROACH A BILLION LITRES A DAY