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...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....
...implications as they would be unable to assess how much remedial work was needed....
...The Environment Agency is conducting its largest ever criminal investigation into potential widespread non-compliance by water and sewerage companies at more than 2,200 sewage treatment works, while Ofwat...
...Other operational pressures at SE Water include being singled out by the Drinking Water Inspectorate for failing to ensure that water leaving the company’s treatment works had “received sufficient preliminary...
...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 /...
...Lucy Nethsingha, Liberal Democrat leader of Cambridgeshire county council, says the failure to invest in water infrastructure, or regulate private water companies to ensure they planned for future growth...
...The board of Thames Water, Britain’s largest water company, was locked in crisis talks on Wednesday after shareholders refused to confirm they would provide about £3bn of fresh equity that is necessary for...
...One of the enormous strengths of the capitalist system is that it allows for a fresh start (“The cautionary tale of Thames Water?”, FT View, April 1)....
...However, the utility said on Monday that it was also proposing an extra £1.9bn of investment over the five-year period, dependent on its ability to secure the supply chain to deliver the work....
...Thames Water also requires a further £2.5bn before 2030 to fund its investment plan and maintain assets. Ofwat has told the board to “pursue all options to seek further equity”....
...This has contributed to weak productivity growth in second-tier cities — including former industrial powerhouses, such as Liverpool, Manchester and Birmingham — especially compared with those in other advanced...
...bills to keep shareholders on board....
...The next one could be equally extraordinary. richard.waters@ft.com...
...Another indebted rival, Southern Water, secured a new backer in 2021. Frankly, Thames’ board lacks the restructuring nous to handle this end-game....
...Besides, raising utility bills by 40 per cent or more to bail out greedy shareholders just could not work. It’s not an option. So step one is to put Thames Water into administration....
...At Anglian Water, our “alliancing” model brings on board partners and drives an integrated approach to project delivery....
...Ofwat is continuing to work on draft determinations that will be published in June....
...Part coming-of-age tale, part multigenerational family drama, the show is set against the backdrop of the Birmingham riots; the West Midlands music scene; and the IRA’s mainland campaign in the early 1980s...
...Paris had attempted to water down the law even more last week, despite having secured concessions on the banking sector in December....
...The thirst for power and water of the server farms needed to run generative AI is even more intense....
...“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....
...The effort to collaborate better on security is welcome. There is still more work to be done....
...The mess prompted Prosus, Sequoia and the Chan Zuckerberg Initiative to resign from the board and try to oust Raveendran at an extraordinary meeting last month....
...And now Thames Water’s board and its investors have started urgent restructuring talks about what should happen next. Sonja HutsonAnd just back up for me really quickly here....
...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....
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