Thames Water turnaround will take 'at least a decade', boss warns
Tuesday, 15 July 2025 () Crisis-hit Thames Water has reported a £1.65bn annual loss, rising debts, and warned that it will take "at least a decade" to turn around its fortunes if it swerves the threat of nationalisation.
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.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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.
Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Ofwat, the water watchdog, is expected to be abolished and replaced by a new body next week after facing intense scrutiny over sewage firms and the poor... City A.M.
There were 75 such incidents, up from 47 in 2023, with Thames Water the worst offender and responsible for 33 Serious pollution incidents from water companies... Upworthy
Tuesday, 15 July 2025 ()
![Davey calls for temporary nationalisation of Thames Water [Video]](https://video.newsserve.net/300/v/20250718/1416929482-Davey-calls-for-temporary-nationalisation-of-Thames-Water.jpg)
![Govt taking ‘unprecedented' action to combat water pollution [Video]](https://video.newsserve.net/300/v/20250529/1412325960-Govt-taking-unprecedented-action-to-combat-water-pollution.jpg)
![The River Trust: System change is needed in Thames Water [Video]](https://video.newsserve.net/300/v/20250528/1412247466-The-River-Trust-System-change-is-needed-in.jpg)
Ofwat, the water watchdog, is expected to be abolished and replaced by a new body next week after facing intense scrutiny over sewage firms and the poor...
