Thames Water Financial Viability 2025-03-20
2025-03-20
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Questions & Answers
Q1
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Context
Data published in The Guardian revealed that Thames Water discharged 50% more raw sewage last year compared to the previous year. Thames Water is also accumulating billions of pounds in extraordinary debt while failing to meet its targets for river cleanliness.
Data published this week in The Guardian revealed that 50% more raw sewage was discharged by Thames Water last year than in the previous 12 months. Thames Water is racking up billions of pounds of expensive extraordinary debt, while continuing to pump tonnes of sewage into our rivers. Despite bold targets and kind words, there is simply no action on cleaning up our rivers. What will the Government do to improve Thames Water’s performance?
The Government are taking steps to improve the performance of all water companies, including through the Water (Special Measures) Act 2025, which I spoke about earlier. Sir Jon Cunliffe is leading a review of the entire sector, so that we can reform regulation and, if need be, the regulator, to ensure that they are fit for purpose.
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Assessment & feedback
The specifics of how Thames Water’s performance will improve were not addressed
Response accuracy