Thames Water boss 'untroubled' by prison threat - and says he can save company
Thursday, 5 September 2024 The chief executive of Thames Water has insisted he can rescue the debt-laden utility, which faces running out of cash in months if it cannot raise fresh equity.
Sir Ed Davey has called for the temporary nationalisation of Thames Water as he reacted to the latest figures in the ongoing sewage crisis. Mr Davey also criticised the government's handling of the situation, saying Labour needs to "get its act together". It comes as a watchdog has revealed the number of serious water pollution incidents increased by 60 per cent last year.
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Water and Flooding Minister Emma Hardy unveils the government is taking “unprecedented" action to combat water pollution after Thames Water was fined £122.7m for breaching rules over sewage spills and shareholder payouts.
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Head of Communities, Erica Popplewell, at The River Trust says “systemic change” is needed as Thames Water are fined £122.7m for breaching rules over sewage spills and shareholder payouts.
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