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Economist Dieter Helm has proposed dividing beleaguered Thames into two public limited companies with simplified ownership to improve management and prevent financial engineering. The sector's long-term critic also took Ofwat to task for not taking steps to strip poorly-performing companies of their licences and proposed reverting to the single-company structures of the original privatised companies.
1 year ago
Three quarters of business water customers are not adequately metered, with 10% having no meter. Only 25% of businesses have internal meters, which have the highest level of reporting accuracy, while 65% of business meters are external.
A water transfer project to move 50 megalitres of water between treatment sites in Essex has begun work to bolster resilience of supplies in the region. Raw supplies will be able to move from a reservoir to both treatment plants to better exploit treatment capacity. Essex and Suffolk is investing £20million in the scheme, which will serve 370,000 customers.