Thames Water submits new plans which could see customer bills rising further

The Wokingham Paper

Thames Water submits new plans which could see customer bills rising further

THAMES Water could be raising household bills further to cover “environmental” projects following the defaulting of its parent company. Earlier in April, Kemble Water, which took on Thames Water in 2006, failed to meet a deadline to pay interest on a number of debts, totalling around £400 million. On Tuesday, April 2, the firm announced that it was unable to make the payment, and asked for further extension on a payment of £19 million due by the…