Britain’s Thames Water says fines need to be deferred to help company avoid state rescue

Thames Water and the failures of privatisation - Red Pepper

Thames Water, more than any other privatised company, has provoked a very high level of public anger. Eleanor Godwin and David Whyte discuss why and explore what we can do about it The post Thames Water and the failures of privatisation appeared first on Red Pepper.

Britain’s Thames Water says fines need to be deferred to help company avoid state rescue

Thames Water is at the centre of a public backlash against the water sector which is blamed for polluting Britain’s river and seas while also hiking bills

ICSM Utilities Insolvency News: Energy firm goes bust; P&O in choppy waters after failing to publish accounts; and the drawn out death throws of Thames Water continue

By Harry Mottram: Older readers may recall the advertising campaign in the 1980s ‘Tell Sid’, extolling the virtues of buying shares in the newly privatised British Gas. The doctrine of the time was that by privatising water, electricity, gas, the railways and British Telecom would give customers greater choice, lower prices and increase efficiency. Initially that was true but since those heady days the questions have come thick and fast. In part…

EFRA Committee Chair concerned about Thames Water bosses commitment to transparency and accountability after evidence session - Water Magazine

Following this morning’s evidence session with Thames Water bosses, Alistair Carmichael has expressed concern about the company’s commitment to transparency and accountability to its customers.  During the two hour session, the Environment, Food and Rural Affairs Select Committee (EFRA) put a wide range of questions to Chris Weston, CEO, Sir Adrian Montague CBE, Chair, and recently appointed CFO, Steve Buck. Amongst other things, the Thames Wate…