The Thames Barrier, originally designed to last until 2030, was opened 40 years ago this week. It is one of the largest movable barriers in the world and is operated and maintained by the Environment Agency. The Barrier and the other flood defences across the wider estuary protect 125 square kilometres of central London, encompassing 1.42 million […]

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Bloomberg reports that the Thames Water Crisis Risks £100 Billion UK Investment Plan, and that creditors warn Thames writedowns will push up borrowing costs. The debt crisis at Thames Water is jeopardizing £100 billion ($125 billion) of potential investment required over the next five years to mend Britain’s crumbling utilities infrastructure. Water companies have promised […]

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Thames Water has announced that is it updating its recently submitted PR24 business plan, seeking an additional £1.1 billion increase in AMP8 total expenditure to £19.8 billion. It has also proposed that a further £1.9 billion of potential investment is placed into a “Deliverability Assessment Mechanism”. This would increase annual average customer bills by a […]

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Interesting think piece from The Mint Magazine, covering water industry performance since privatisation, levels of debt and investment, and options for reforming the sector under a new government. The case for renationalisation Another article from Labour Peer Prem Sikka and published in Left Foot Forward argues the case for renationalisation Let Thames Water go bust: […]

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Following last week’s publication of storm overflow spill data for 2023, covered in last week’s news, the sewage has really been hitting the fan The BBC highlighted that sewage spills into England’s rivers and seas by water companies more than doubled last year. According to the Environment Agency there were 3.6 million hours of spills […]

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Thames Water has revised its downgraded some of its commitments to customers. The company has published a Service Commitment Plan update. It says that, despite some areas of performance improvement (including complaints and internal sewer flooding), the company’s original turnaround plan has not delivered the necessary improvements as quickly as hoped. The Guardian has picked […]

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Ofwat has issued a statement on financial resilience in the water sector, seeking to provide reassurance following recent media reports, especially concerning Thames Water. The regulator says that “overall, the sector is continuing to attract international capital and is especially attractive to long term investors such as pension funds. Indeed, there has been an additional […]

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Leading environmental commentator rails against government inaction on metering and private abstractions, as well as Ofwat and water companies Never mind the H20: this scheme to move water from Severn to Thames could be the new HS2 England’s water woes have a solution. But trying to move vast volumes of water from west to east […]

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