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Private Eye In The Back: Thames link?
THAMES Water’s dirty reputation is having an unfortunate knock-on effect on attempts to clean up its act. All 41 rivers in the capital are polluted as sewer outlets pour untreated sewage into the river. The Thames Tideway – or "Super Sewer" – should aid the sewage crisis, but another major cause of London’s sewage woes is misconnections.
Thames Water shows why public utilities should not be in private …
4 days ago · The story of Thames Water is a microcosm of a broader malaise. Margaret Thatcher’s grand experiment in privatisation has revealed itself to be little more than a licence for corporate pillage. The buyers of Thames Water, armed with borrowed capital, siphoned off dividends for themselves while neglecting the crumbling infrastructure.
Thames Water Has Just Two Rescue Bids With Equity Deadline …
1 day ago · A crucial deadline in the attempt to rescue Thames Water is set to pass on Monday with legal uncertainty over the utility’s restructuring deterring bidders from offering fresh funds.
Private Eye Magazine | Official Site - the UK's number one best …
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Scores of campaigners and MPs to join High Court protest over Thames …
Feb 2, 2025 · ANTI-SEWAGE campaigners, MPs and customers will hold a protest as the £3 billion Thames Water bailout hearing begins in the High Court tomorrow. The coalition will march to the court calling for the government to block the rescue bid and bring the heavily indebted utility giant into full public ownership instead.
No one has security over Thames Water’s assets - Financial Times
Apr 16, 2024 · Section 156 of the act prevents the appointed company from disposing of the land or any interest in it without the consent of the Secretary of State. What this means is that no one has security...
Private Eye Magazine on Twitter: "Thames Water threatens staff …
Jul 14, 2023 · Thames Water threatens staff with NDAs to stop them talking to the press. From the new Private Eye, in shops now.
Thames Water has an ocean of debt, but Labour should not …
Nov 14, 2024 · It’s hard to defend Ofwat and Thames Water as shining examples of what privatised utilities can be. Poor infrastructure renewal, ever-changing ownership, failure to tackle excessive sewage...
Quizzed about leaks, Thames Water bids to ‘clarify’ away a £400m …
Jan 26, 2024 · Thames Water reps appeared before the culture and environment scrutiny committee on Monday evening, tasked with explaining the lack of investment in the leaky pipes that lie beneath Belsize Road, South Hampstead.
Investment giant KKR advances plan for Thames Water rescue bid
Feb 3, 2025 · The $600bn asset manager is working with bankers at PJT Partners on an offer to participate in a deal to keep Britain's biggest water company out of special administration, Sky News learns.