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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...
...In the letter, Coucher warned that the number of “criminal convictions” faced by water companies was too high....
...One person close to Thames Water described the company as “like a flooded room with only an inch of air at the top”....
...resilience of water companies’ water supply and wastewater systems”, it added....
...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.”...
...The school said: “Following extensive flooding in the region, the Thames Water sewers which serve the town of Eton flooded....
...Reinsurers “need to feel that it is not just about selling insurance and making a profit. It’s about responsibility as part of society”, Hielkema said....
...Student groups have been calling for divestment of universities’ funds from companies linked to Israel, as well as making broader demands for a ceasefire in Gaza....
...The company — which supplies 16mn people, or about 25 per cent of the population of England and Wales — is struggling to stay afloat after its shareholders refused to put more money into the heavily leveraged...
...He added there were lessons to be learnt from the travails of public sector monopolies such as water companies....
...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...
...They announced on Thursday they were not willing to inject new equity into the company. Some of this estimated loss has already been booked in the accounts of funds such as Omers....
...The investor resistance to Ofwat’s demands precipitated a default by Thames Water’s parent company last week....
...“The good news here is the insurance is in force,” said Neal on Thursday. “The boat is insured, the bridge is insured, the port authority is insured.”...
...Authorities said divers would return to the water at 6am in an effort to recover bodies....
...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...
...Ofwat called for Thames Water to “pursue all options to seek further equity for the business to turn around the performance of the company”....
...It had also seen some examples of companies paying out 70 per cent of the premiums in commission to third parties involved in selling the add-on insurance....
...Bank of China and Industrial and Commercial Bank of China are part of a group of lenders involved in a stand-off over debt at Thames Water’s parent company....
...Colonial status gave way to an oil-rich Hashemite kingdom in 1932, and it was in that period that Al Ani landed his first job at the Iraq Petroleum Company, which he promoted in its house organ, “Ahl al-Naft...
...But the raid left much of al-Shifa a burnt-out shell....
...It is not a sewer for Japan’s nuclear-contaminated water. China strongly urges Japan to stop its wrongdoing,” said ministry spokesperson Wang Wenbin....
...It also criticised the complexity of water companies’ financial structures, and their lack of transparency on reporting....
...“Next year will see record levels of investment from water companies to secure the security of our water supply in the future and significantly reduce the amount of sewage in rivers and seas,” said David...
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