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...The £78bn payout is nearly half the £190bn the companies spent in the same three decades on infrastructure....
...the country’s communications network....
...“The water needs of our region pose a unique set of challenges, which require significant investment” to reduce the use of storm overflows, safeguard supplies and protect the environment....
...The company needs the bill increases to underpin any shareholder investment....
...The rest are billed based on property values from the 1970s....
...In this situation, the refinancing enabled the interest on the shareholder loans to be added to the capital on the group’s balance sheet, the accounts said....
...And for that, we’re joined by the FT’s infrastructure correspondent, Gill Plimmer. Hi, Gill. Gill Plimmer Hello....
...Last year, Saudi Arabia’s Saline Water Conversion Corporation launched a $10mn global prize for Innovation in Desalination....
...But maybe the bigger problem for the UK is that Thames Water isn’t the only utility in trouble. The FT’s Gill Plimmer joins me now to talk about it. Hey, Gill. Gill PlimmerHi....
...to 70 per cent by the end of 2035....
...Despite the problems at Thames Water, Hunt defended the UK’s as a destination for foreign investment, describing the country as “one of the most attractive places on the planet in terms of infrastructure...
...Pennon, which owns South West and Bristol Water, said it had agreed to buy the business from Sumitomo Corporation and Osaka Gas for a total enterprise value of £380mn....
...People close to the investors said that even this was the minimum amount of cash needed given the scale of investment needed at the business....
...The figures reflected the fact that this is the first year that all the storm overflow pipes, which dump untreated effluent and storm water into the sea, have been fitted with new technology to monitor the...
...The loans are managed by one of the Australian asset manager’s private credit funds and amount to roughly 9 per cent of Kemble’s debt instruments, the person said....
...One person close to Thames Water described the talks as a game of brinkmanship with the regulator and the government....
...Yet Gove’s grandstanding is at odds with the government’s approach behind the scenes over the past year....
...Some of the worst water utilities are in the public sector but so, too, are the best: in cities such as Tokyo, Osaka, Singapore, Melbourne, Las Vegas — and Phnom Penh....
...s decision to cancel the northern part of the project from Birmingham to Manchester....
...An additional issue is that the EDMs record only when the outflows occur and not the volume released....
...The duration of the spills more than doubled to 3.6mn hours, the regulator said....
...the loan....
...The regulator’s figures are likely to underrepresent the extent of the pollution as the monitors record only when the outflows occur and not the volume released....
...Care homes were among the first social services to be outsourced by local authorities and the NHS to the private sector in the 1980s....
...Pennon Group, which owns South West Water, said it had acquired SES Water, which supplies 750,000 customers in south-east England, and other ancillary businesses from Sumitomo Corporation and Osaka Gas for...
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