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MARX: The U.K.'s water regulator had long prioritized low bills for customers, preventing companies from raising revenues as much as they wanted. So some like Thames relied instead on borrowing money ...
A burst pipe, which left a large area without water for 24 hours, is still causing disruption for some residents. The water ...
Thames Water has apologised to customers after thousands of households across east London have been left without water including those in Whitechapel, Shoreditch, Spitalfields and Bethnal Green ...
Good Morning Britain's Rob Rinder cut across Environment Minster Steve Reed as he tried to discuss the new water Special Measures Act which gives the regulator more teeth to demand answers about ...
THAMES Water’s future hangs in the balance after a major investor pulled out of a rescue deal. The troubled water firm, which services around 16million customers, said US private equity giant… ...
Thames Water, the UK's biggest water provider, has been hit by a record fine by regulator Ofwat. The company has been fined £122.7m following Ofwat's "biggest and most complex" investigation.
Thames Water’s wastewater treatment works ‘spill regularly’, Ofwat found. In 2021, 70% of storm overflows spilt sewage at least 20 times, with 30% doing so more than 60 times.
Ofwat said Thames Water would pay £104.5 million for wastewater breaches - the largest fine imposed by the watchdog - and a further £18.2 million for breaking rules relating to dividend payments.
Thames Water has been hit with a record £122.7m fine by regulator Ofwat. The penalty has been handed down after the watchdog discovered widespread sewage failures at the struggling utility giant ...
Last November, Ofwat blocked three water firms - including Thames, Yorkshire Water and Dwr Cymru Welsh Water - from using customer money to fund a total of £1.6m in bosses' bonuses.
Thames Water Utilities Ltd. — which serves about a quarter of the UK including London — said it can’t rule out needing to ask customers to restrict water usage this summer.
Thames Water, which serves 16 million customers in and around London, was seeking court approval for about £3 billion (€3.6 billion) in rescue loans to prevent it from being nationalised when ...
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