Debt-ridden Thames Water hit with multi-million pound fine for polluting rivers as firm ‘pushed to brink of collapse’
THAMES Water has told customers to weed their gardens to cut usage, despite leaking 585 million litres a day.Taxpayers could be hit with price rises as investors refuse to save Thames Water
Thames Water has amassed debts of £14.7billion and wanted to raise consumers’ bills by 40 per cent to fix pipes before regulator Ofwat rejected the plan. In February, the company told regulators that it expects to leak 585 million litres of water a day, up from previous estimates.Cops name victim, 38, after human remains found in park with 2 still in custody
Chair and Founder of River Action Charles Watson said: “It is a bit rich Thames Water asking bill payers to follow water saving tips when their broken business model has led to decades of chronic under-investment in their creaky infrastructure that leaks millions of litres of clean drinking water annually and leads to raw sewage discharges, for thousands of hours, in the rivers where they operate.
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