Carlyle joins list of possible Thames Water rescue backers
Saturday, 28 September 2024 Carlyle, the American investment giant, has become the latest global fund to weigh an investment in Thames Water as the stricken utility races to avoid being nationalised.
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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