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...He said that even though convictions “lag the financial year in question”, they still needed to be considered when boards were deciding on dividends and that the basis of the decision needed to be explained...
...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...
...Many of Thames Water’s 16mn customers might feel the same way about the state of water 35 years after Margaret Thatcher’s government privatised England’s water companies....
...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...
...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”....
...Nato is trying to ‘Trump-proof’ funding for the war in Ukraine, Thames Water’s owners will start urgent restructuring talks, and birth rates are declining despite wealthy countries investing in family- friendly...
...Thames Water, the UK’s biggest water company, provides water and sewage services to 16mn people, or around 25 per cent of the population....
...The assets, especially the right to levy and enforce water bills, are very valuable....
...a group of foreign investors of “blackmailing” regulators over the future of the country’s biggest water utility....
...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....
...Proxy advisers are used to being caught in the crossfire between boards and shareholders....
...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....
...Troubled UK utility Thames Water has pushed up the amount it plans to spend on its network in its latest business plan by £1.1bn to £19.8bn....
...Thames Water said on Monday that the additional capital spending over the five years to 2030 would enable it to deliver environmental improvements without any increase to the 40 per cent jump in customer...
...Specification: IB DP Geography — Freshwater Click to read the article below and then answer the questions: Dubai battles flood waters as historic storm causes chaos Use the information in the article...
...The first-quarter dividend is worth almost $2.5bn, and the board said it “intends to pay quarterly cash dividends in the future”, a symbolic policy shift for the tech giant, which had previously only used...
...Another indebted rival, Southern Water, secured a new backer in 2021. Frankly, Thames’ board lacks the restructuring nous to handle this end-game....
...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)....
...bills to keep shareholders on board....
...Here is a bumper edition to catch up with the Lex column’s latest output. Are you still confused by Thames Water, as the UK’s largest water utility circles the drain?...
...At Anglian Water, our “alliancing” model brings on board partners and drives an integrated approach to project delivery....
...Gill Plimmer and Jim Pickard’s update on the Thames Water fiasco (“Sunak aide assigned to steer Thames Water talks”, Report, March 23) is a sign of what’s to come....
...Hell or high water can come to the financing arrangements outside the ringfence and the company providing water services can continue unscathed....
...The thirst for power and water of the server farms needed to run generative AI is even more intense....
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