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...Two directors, including company secretary Rachael Hambrook, quit parent company Kemble on Thursday in a sign of the water monopoly’s growing distress....
...Water companies in England and Wales paid £2.5bn in dividends and added £8.2bn to their net debt in the two financial years since 2021, according to research by the Financial Times....
...The proposed bill increases come amid widespread anger against water companies for high leakage rates and for tipping unknown quantities of raw sewage and storm water into the sea, lakes and rivers....
...Private water companies need to accept losses for risks they knowingly took. If they do so, regulators can then make the case for higher bills to reduce pollution in rivers....
...Macharia smiles broadly when he talks about his two water pans — one funded by the UTNWF, the other with his own hard-earned money....
...“What I want to protect in terms of the national interest is more investment, to ensure a more resilient water supply and clean rivers and fair treatment for bill payers,” he added....
...Other water companies have high gearing too, built up in the decades since their 1989 privatisations....
...While water companies and sewage releases get much of the blame, some farming practises are also severely damaging the UK's ailing waterways....
...High levels of E coli have been found in the river....
...Water companies will be forced to install monitors on them in stages from the beginning of next year initially targeting designated bathing and shellfish waters, as well as chalk rivers....
...The nearly £15bn of debt held by the Thames Water utility companies that sit below Kemble should be unaffected by the default....
...Kemble’s other lenders include two Chinese state-owned banks, the Financial Times reported last week....
...But the FT revealed on Thursday that another two arms of the Chinese state also hold a crucial role in the future of a company that supplies water to the population of London and beyond....
...Thames Water is politically controversial for two reasons. First, it is part of a hugely unpopular industry that regularly ejects sewage into Britain’s beaches and rivers....
...despite “dangerous” sewage pollution in the river Thames; some rowers complained of sickness....
...The investor resistance to Ofwat’s demands precipitated a default by Thames Water’s parent company last week....
...It feasts on sorghum — a crop used across Africa for food, construction and industrial processing — by clinging to its roots and sucking away water and nutrients....
...The Environment Agency, the regulator, revealed last month that companies pumped raw sewage into British rivers and seas for a record 3.6mn hours last year, more than double than in 2022....
...The Boat Race, the company that runs the rowing contest between the world-leading universities of Oxford and Cambridge, said water quality was “an ongoing concern” as it confirmed that the races would go...
...The requirement for water companies to install event duration monitors since 2015 has transformed public awareness of sewage discharges and sparked the biggest outcry against the water companies since they...
...“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...
...of river water than others....
...“By 2030, all of China’s rivers are likely to be in a much better environmental state than [those] in England.”...
...Early on Tuesday, rescue officials in Baltimore said two people had been removed from the Patapsco river....
...Lucy Fisher In the past week alone, I’ve seen the headlines — Yorkshire Water fined 150 grand for dumping sewage in Sheffield’s River Don, in the Isle of Man, their utility company confirming that raw sewage...
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