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Thames Water

  • Ofwat clamps down on water companies with proposals to regulate dividends

    July 28, 2022

    Water companies could be prevented from making dividend payments if their financial resilience is at risk, in new reforms pushed by Ofwat.

  • Environment agency says ‘no plans for water restrictions’ but people urged to be frugal

    July 26, 2022

    There will be “no plans for restrictions on essential water use” in the immediate future despite hot weather drying up river beds and leaving parks parched.  With the prospect of hosepipe bans and other measures to save H20, the National Drought Group (NDG) was convened by the Environment Agency today, in a meeting attended by [...]

  • Thames Water taps shareholders for £1.5bn boost to shake-up plans after sewage scandal

    June 30, 2022

    Thames Water shareholders could have to cough up as much as £1.5bn to accelerate the shake-up of the scandal-hit business.

  • Water regulator Ofwat raises alarm over sewage treatment of Thames Water and four other firms

    March 9, 2022

    Water regulator Ofwat has said it has “serious concerns” over the sewage treatment works of five water suppliers. Anglian Water, Northumbrian Water, Thames Water, Wessex Water and Yorkshire Water submitted reports in December which worried the regulator, it said. “We have identified shortcomings in most water and wastewater companies and are continuing to investigate,” said [...]

  • Rush hour on the Thames: London’s famous river home to over 3,600 seals

    September 7, 2021

    The river Thames is home to a staggering 2,866 grey seals and 797 harbour seals following the most recent pupping season, researchers from the Zoological Society of London (ZSL) said today. The Thames’ healthy seal population is a promising sign the river is teeming with life, conservationists have said, despite a dip in numbers over [...]

  • Thames Water coughs up £11m to compensate 13,8000 businesses for wrong bills

    August 19, 2021

    Following an investigation by regulator Ofwat, Thames Water has agreed to pay more than £11 million to 13,800 businesses for billing them the wrong amounts. The company said it would hand out the cash to non-household customers and water retailers for errors dating back to 2017 after the Ofwat probe. Investigators found data used to [...]

  • Water firms turn on taps with £2.7bn investment pledge

    July 15, 2021

    The UK’s water companies will pour a total of £2.7bn into environmental improvements over the next five years, it was announced this morning. On top of £1.9bn of pre-planned spending, sector regulator Ofwat has this morning approved an extra £793m of investment. The watchdog said that the additional spending would “allow water companies to take [...]

  • Leaking cash: Thames Water notched up £50m in penalties last year and swung to loss

    July 6, 2021

    Leaking cash: Thames Water notched up £50m in penalties last year

  • When Fulwell freezes over: Thames turns to ice for first time in 60 years

    February 12, 2021

    Parts of the River Thames have frozen for the first time in 60 years as the UK plunges to the coldest temperatures on record for February. Seagulls perched on a frozen Thames in Teddington, south west London, this afternoon as it iced over for the first time since Britain’s Big Freeze in 1963.  The slow [...]

  • East London water outage: “Intermittent supply” this morning but services returning

    October 6, 2020

    Thames Water have confirmed to City A.M. that supplies are “now returning” to thousands of east London homes after an outage that began Tuesday afternoon. However the supplier warned of an intermittent supply as “it will take some time to fully recover as pressure in the network rebuilds.” The outage has been traced to a [...]

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