Debt, sewage and dividends: the rising tide of Thames Water’s troubles

Debt, sewage and dividends: the rising tide of Thames Water’s troubles

Thames Water, Water industry, Utilities, Privatisation, Business, Economic policy, Politics, UK news, Pollution, Regulators, Environment Business | The Guardian

​In the second part of our focus on the water industry, we chart the decline of one of the UK’s major utility companies, now on the brink of emergency renationalisationPart 1: How privatisation changed the water industryGovernment officials who tour Coppermills, a vast Thames Water treatment works in north-east London, are left under no illusions about the dire condition of Britain’s infrastructure.“It’s in a shocking state,” said one official who has visited the 1960s site, which supplies approximately a third of the capital’s population with drinking water and sewage services. “It’s a slow-motion management disaster.” Continue reading… 

In the second part of our focus on the water industry, we chart the decline of one of the UK’s major utility companies, now on the brink of emergency renationalisation

Part 1: How privatisation changed the water industry

Government officials who tour Coppermills, a vast Thames Water treatment works in north-east London, are left under no illusions about the dire condition of Britain’s infrastructure.

“It’s in a shocking state,” said one official who has visited the 1960s site, which supplies approximately a third of the capital’s population with drinking water and sewage services. “It’s a slow-motion management disaster.”

Continue reading… 

Leave a Reply

Your email address will not be published. Required fields are marked *