UK politics
fromwww.hamhigh.co.uk
3 months agoWater bills 'will rise' as Thames Water gets 3 billion bailout
Thames Water's restructuring plan was approved by the High Court to avoid bankruptcy, impacting customers with higher water bills.
The creditors propose a multibillion-pound rescue deal for Thames Water, promising new investments in exchange for regulatory leniency and a significant write-off of existing debts.
Council officers are diligent and proactive, visiting work sites regularly to make sure works are carried out safely and are properly authorised. Despite previous warnings, Thames Water failed to take advice and disregarded the law.
When I think about the performance of Thames Water, I imagine the very excrement it fails to manage. Thames Water's problems come from its failure to update its outdated, mostly Victorian infrastructure.