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Thames Water AUTOMATICALLY moving customers onto tariffs set in the 90s and charging up to 671% more
THOUSANDS of Thames Water customers are stuck on tariffs which were set in the 90s and bills have jumped by up to 671%. The water firm, which is in the midst of a multibillion-pound rescue deal, ha… ...
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Janice Deas doesn’t drink tap water but loves a cup of tea and limits herself to using enough water for four a day.Since her ...
Just between Reading Bridge and the green expanse of Christchurch Meadows sits – or rather, floats – an unusual cafe. Whittington’s Tea Barge bobs at the river’s edge, easy to mistake for ...
Britain's Thames Water, battling to avoid nationalisation, asked a group of senior creditors on Monday to allow it to draw ...
Britain's Thames Water may be forced to restate its financial accounts for the year ending March 2024, the Financial Times reported on Friday, in another possible setback for the struggling utility as ...
The government has "stepped up" preparations for the potential temporary nationalisation of Thames Water, the environment secretary has said. Speaking in Parliament on Thursday, Steve Reed said ...
Thames Water’s prior year accounts were prepared under its chief finance director Alastair Cochran, who resigned in March and has since been replaced. He did not immediately respond to a request ...
A Liberal Democrat MP will take a case against Thames Water’s restructuring to the Supreme Court. Charlie Maynard, MP for Witney, was among a group which included the utility’s secondary creditors, ...
Thames Water said in a statement: “We are investing billions of pounds in our network and any recapitalisation of the business will need to ensure that is maintained for the benefit of all our ...
Environment Secretary Steve Reed has suggested that the Government will reject calls from Thames Water creditors for leniency from fines and penalties. Taking questions in the Commons on Tuesday ...
The proposal seeks to cut Thames Water’s gearing — a measure used by Ofwat to assess debt levels relative to a company’s regulated asset base — from 88% to below 60%.
Thames Water is trying to understand the consequences of having to restate key figures in its accounts published last year, the report added, citing documents seen by the newspaper. There was concern ...
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