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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 ...
There are fears that if Thames Water collapses, Labour will have no choice but to step in and temporarily renationalise the company at an estimated cost of £38bn to the taxpayer. This includes ...
It owns more than 20,000 miles of water mains and more than 68,000 miles of sewers across London, the Thames Valley and the Home Counties, with approximately 8,000 employees.
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.
Thames Water saw a 40% increase in pollution incidents in the first half as its debts continued to spiral. The company reported 359 so-called category one to three pollution incidents in the six ...
The Thames Water Ring Main is a notable large-scale water supply infrastructure, comprising 80 kilometres of wide-bore water-carrying tunnels. The Thames Tideway Tunnel, due for completion in 2025, will be a deep tunnel 25 km (16 mi) long, running mostly under the tidal section of the River Thames through central London to capture, store and ...
The Metropolitan Water Board operated the reservoir until the Board was abolished in 1974 under the provisions of the Water Act 1973 (c. 37) [11] ownership and control transferred to the Thames Water Authority. Under the provisions of the Water Act 1989 (c. 15) the Thames Water Authority was privatised as Thames Water.
Thames Water put out a list of areas impacted by the low water or no water pressure – these are: South London , including Lambeth, Brixton and more: SW4, SW8, SW9, SW13, SW14, SW15, SW18, SW19