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...In its response, Southern Water said that most of the infrastructure had been transferred from local authorities at privatisation in 1989 and the cost of “physically mapping the network was considered prohibitive...
...Thames Water supplies a quarter of the population in England and Wales — or 16mn people....
...Other regulators, including Ofgem, the Financial Conduct Authority and the Prudential Regulation Authority, have internal audit capability requirements, the CIIA said in its letter....
...One person close to Thames Water described the company as “like a flooded room with only an inch of air at the top”....
...The water companies tend to have corporate structures with multiple layers, many of which exist to raise finance....
...“To achieve this water companies have proposed a record £96bn of investment — a near-doubling of current levels.”...
...water....
...authorities....
...The school said: “Following extensive flooding in the region, the Thames Water sewers which serve the town of Eton flooded....
...Police arrested dozens of pro-Palestinian demonstrators at New York University in Manhattan on Monday, as authorities stepped up efforts to quell student protests amid scrutiny over antisemitism on US campuses...
...Sam Dunkley is right that the mixing of clean and dirty water in Joseph Bazalgette’s sewers gives us a problem today (Letters, April 24)....
...If they withdraw, Thames Water could be forced to enter the government’s special administration regime, a form of temporary renationalisation....
...In a statement of intent, the shareholders have hired restructuring advisers at Alvarez & Marsal to engage with the creditors of Thames Water’s ultimate parent, Kemble Water Holdings....
...However, it needs billions of pounds more investment to address sewage discharges, water leakage, and storage to prevent potential water shortages....
...If both halves are played skilfully, the company’s current woes present an opportunity to demonstrate that British authorities obey the rules, enhancing the safety and attractiveness of investment in the...
...and mistrust of England’s privatised water system....
...The union that represents the biggest group of members in the USS called on Thursday for the renationalisation of Thames Water....
...It is not a sewer for Japan’s nuclear-contaminated water. China strongly urges Japan to stop its wrongdoing,” said ministry spokesperson Wang Wenbin....
...Either way, the company remains in dire straits as it grapples with an £18.3bn mountain of debt, faces fines for sewer discharges and needs to invest billions of pounds to revamp its ageing infrastructure...
...UK regulator Ofwat has warned about the financial health of four water suppliers in England: Thames Water, Southern Water, South East Water and SES Water....
...Authorities said divers would return to the water at 6am in an effort to recover bodies....
...“This, of course, is a joke in any civilised country, but the Swiss authorities seem to enjoy these petty tactics of frustration,” one claimant told the FT....
...Henderson, chief executive of Water UK....
...When comparing the reaction of markets to the views of most national security experts, I am reminded of the story of the frog in boiling water....
...The UK’s Financial Conduct Authority is under pressure to pause plans to name companies when it opens investigations. At present, it only does this in exceptional cases....
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