Hints and tips:
Related Special Reports
...Thames Water and Southern Water only mapped the pipes as they worked on them, leaving a large proportion of the network unchecked, the two companies revealed in responses to freedom of information requests...
...Water companies are not automatically consulted on proposed housing developments, which have a statutory right to be connected to the sewer system....
...Meanwhile, the Environment Agency is conducting a far-reaching criminal investigation into suspected widespread non-compliance by water and sewerage companies at more than 2,200 sewage treatment works....
...Productive assets owned by a mismanaged company that goes broke are not lost to the economy....
...Alphabet’s market value surged 10 per cent on Friday to more than $2tn after Google’s parent company announced its first-ever dividend and reported strong growth across its main business lines....
...Thames Water has said it has enough cash to last until July next year....
...That triggered the holding company’s default. The more than £16bn worth of Thames Water bonds sitting below the holding company are part of a so-called whole business securitisation....
...richard.waters@ft.com...
...In today’s newsletter: Thames Water’s Chinese lenders AT1 documents fight Blackstone’s luxury sale Thames Water’s Chinese stand-off Critics of Britain’s water company privatisation have recently accused...
...Thames Water paid around £1.1bn towards the cost of the tunnel for enabling works, while Tideway’s investors — which include Allianz, Dalmore Capital, Amber Infrastructure, and DIF, which sold its stake...
...But it did ensnare mining companies in the endless red tape of licence applications....
...While Elliott is known for its hardball tactics with creditors — for instance seizing an Argentine naval vessel during a protracted tussle with the Latin American nation — British water company legislation...
...This forced the companies to slash costs and pivot their business strategies. Only one has made retrenchment work. Carvana shares are up more than 30 times since the end of 2022....
...The pandemic transformed the software outsourcing industry, with companies and employees suddenly becoming much more open to remote work....
...“This is alongside our work to fast-track investment and hold water companies more accountable — including consulting on a ban on bonuses and bringing in a fourfold increase in inspections.”...
...It could work at Thames Water too / From Giles Keating, London W8, UK End Thames Water woes by creating customer-owned utility / From Richard Fletcher, London NW3, UK Time for a Thames tap water tsar /...
...Kasia BroussalianOK, so financial companies clearly are not super keen on these new rules. How are they trying to work around them?...
...“We would encourage drinks companies to look not only within the factory fence to assess their water risks and impact, but to listen to and work with the communities where they’re based,” Holme advises....
...Ofwat is continuing to work on draft determinations that will be published in June....
...Other companies are joining the spending spree on AI....
...A third of Thames Water’s sewage monitors do not work properly, according to new analysis of Environment Agency data by the Liberal Democrats, compared to 15 per cent of monitors across the industry....
...The proposed revamp to its cash cow search engine would mark the first time the company has put any of its core product behind a paywall, and shows it is still grappling with a technology that threatens...
International Edition