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#ThamesWater

3 posts3 participants0 posts today
Public
Mike Buckley

Hate to add to bad stories about #thameswater …. ….. ok, well I could be fibbing. Yesterday I submitted an online meter reading to #thameswater. I misread the meter and submitted a number about a thousand times more than used ( which was actually virtually same as last reading). ‘It’ would not let me correct the number on same day. So tried today. Guess what? ‘It’ says it is not working as they are doing something to it. My issue could surely have been anticipated by the IT designers?

Replied in thread
Public
R. Scott Pert

@CStamp

It, apparently, was suburbia that elected him. Which makes me think it's really quite hopeless now.

It goes back to Reagan/Thatcher.... "Everything and everything the government does is bad."

#ThamesWater is a fantastic example in the #uk

youtu.be/xhYJS80MgYA?feature=s

youtu.be- YouTubeEnjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
Public
Totts

The environment secretary, Steve Reed, has said the government is stepping up preparations for temporary nationalisation of #ThamesWater, indicating it will reject pleas from the company’s creditors for leniency from fines and penalties

Public
Wen

Manipulating the market

I was unaware that a ‘vulture’ funds bought into Thames at 60%

The market value of the debt is already implying 30% writedowns. Some of the opportunistic vulture funds are thought to have got in at as low as 60p in the pound; Reed and Ofwat, the water regulator for England and Wales, would look like fools if they approved, in effect, hefty day-one paper profits for them.

theguardian.com/business/nils-

The Guardian · Thames Water’s creditors are being too greedyBy Nils Pratley
#ThamesWater#Regulation#NationaliseNow
Public
Totts

"The creditors have requested that Ofwat set Thames Water lower environmental standards – and even for it to let the water company off without fines"

How much more shit do we have to put up with...!

Nationalise #ThamesWater NOW

Thames Water creditors offer up £5bn as part of emergency turnaround plan | Water industry | The Guardian
theguardian.com/business/2025/

The Guardian · Thames Water creditors offer up £5bn as part of emergency turnaround planBy Jasper Jolly
Public
Mark

#PublicOwnership of England water companies could cost close to zero

Report by Common Wealth says ministers could use process called special administration to take over a company like #ThamesWater & keep it under permanent public ownership

Writing for the thinktank: the figure of £99bn is commonly cited as cost of taking over the industry in England, this was based on estimate from a thinktank PAID for by WATER COMPANIES

theguardian.com/business/2025/

The Guardian · Public ownership of England’s water companies could cost close to zero, says thinktankBy Peter Walker
#corruption#privatisation#water
Public
Lyla Mehta

Public ownership of England’s water companies could cost close to zero, says thinktank

Govt could use a process known as special administration to take over failing Thames Water. The figure of £99bn is based on an estimate from a thinktank paid for by water companies.

The analysis from another think tank 'Common Wealth' shows that it matters who is framing & costing problems & their solutions.

#Water #ThamesWater #Privatisation #England #Public #PublicOwnership

theguardian.com/business/2025/

The Guardian · Public ownership of England’s water companies could cost close to zero, says thinktankBy Peter Walker
Public
JuneSim63

According to a report by think tank Common Wealth, ministers could use a process known as special administration to take over a company like Thames Water and, rather than transfer it to another private company, keep it under permanent public ownership. And it would cost very little in public money.

theguardian.com/business/2025/

The Guardian · Public ownership of England’s water companies could cost close to zero, says thinktankBy Peter Walker
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