Water companies in England and Wales are preparing to take another £3.4bn from customers to cover infrastructure and environmental spending. Once again, the working class is being ordered to pay for the consequences of private ownership. Ofwat has provisionally approved…
Tag: Thames Water
Hundreds of residents in nine blocks of flats in Tower Hamlets have been left without a reliable supply of running water for more than seven months. Taps have repeatedly run dry. Families have struggled to cook, clean, wash and flush…
Thames Water paid its finance chief Steve Buck a £1 million signing-on fee in July while the company was drowning in roughly £20 billion of debt and warning that it could run out of cash by the end of the…
The chief executive of Thames Water has claimed that targets for reducing leaks and pollution are “not realistic”, after decades in which private owners and lenders drained billions from the company while its infrastructure deteriorated. Chris Weston told the BBC…
