In 2023, sewage was dumped into rivers, lakes, and beaches designated as 'safe to bathe in' 86 times a day on average, according to an analysis of official data. Thames Water, the UK's largest water supplier, has faced significant scrutiny for its role in these environmental issues, including a notable incident where raw sewage was pumped into River Thames tributaries on Boat Race day. Amid fears of collapse, Thames Water has hired restructuring advisers and is reportedly at risk of entering into insolvency unless lenders agree to a debt-for-equity deal. This situation has sparked a debate on the future of Thames Water, with Jacob Rees-Mogg and Stephen Pound offering differing views on its management and potential nationalization. The ongoing sewage leaks have had a profound impact on local communities, with residents of a village in Oxfordshire and the Great British Bake Off village claiming that raw sewage was pumped into the Thames for 53 consecutive days, causing significant environmental damage.
'They have been pumping billions into the bulging pockets of their shareholders!' Former Labour MP, Stephen Pound, on water companies going bust and a Labour government bringing them back into public ownership. https://t.co/MojhZvkbk3
Thames Water may safely go bankrupt and the assets sold to meet its debts. In current circumstances any supplier to Thames Water should demand cash on delivery as they would usually be unsecured creditors in the event of an insolvency. https://t.co/bjreQypbAZ
London section of River Thames ‘worst place for sewage’ https://t.co/w9zqpeAPuc
💧 Villagers mock Thames Water with ‘s--- show’ sign after streets flood with raw sewage https://t.co/3inlgsrZUM
Residents and businesses in Swanscombe have said their lives are still being disrupted almost a year after a cliff collapsed following a burst water main. Tap below to read more: https://t.co/9BD4YqPD9X
Great British Bake Off village is deluged with sewage spewing from drains onto its once-idyllic streets https://t.co/LcbXMApdyo https://t.co/cAkgzLF4NX
Thames Water, the United Kingdom’s largest water supplier, must be allowed to fail, says Jacob Rees-Mogg https://t.co/N2NFPu3CFX
London River Thames section is 'worst place' for sewage https://t.co/W6rtz3NIie
‘Thames Water MUST be allowed to fail’ ‘Thames Water and it’s owners made dud investments… the shareholders should take the hit, NOT the consumer’ @Jacob_Rees_Mogg says insolvency would allow the free market to take effect and could reduce water bills. https://t.co/KBB3pKp6XP
Thames Water allowed raw sewage to pump into the Thames in Oxfordshire for 53 days consecutively, residents of a village have claimed https://t.co/tGzWZGlU9z
Thames Water has serious issues with sewage leaks into the UK's most famous river. But its problems go deeper than that. Get The Readout with @AllegraStratton https://t.co/weEKH4bmXK
Fix your insolvent UK water utility with this one simple trick https://t.co/BoYZp0OfFl
Raw sewage was pumped into North East waterways for more than 280,000 hours in 2023 https://t.co/BYzvREspST
Thames Water parent Kemble reportedly risks entering into insolvency unless lenders agree to a debt-for-equity deal. Read more: https://t.co/AuzstDjG6C Watch the replay of our webinar from last summer on Thames Water’s historical financial troubles: https://t.co/vbYMK80Oyd
Have been saying this for months. Nationalise Thames Water, and let its insolvent parent, Kemble Water Group, fail. https://t.co/9xhTKlT3Yx
Thames Water sewage leak in picture postcard village lasted for 53 DAYS before finally stopping...and then starting again hours later: Locals say decade-long crisis has 'killed everything in the river' https://t.co/8wejYP7xzG https://t.co/kOZhaN8gb7
🚰 Thames Water has hired the restructuring firm that worked on the special administration of Bulb Energy as it scrambles to stave off nationalisation https://t.co/YUFMb6hAWd
Raw sewage pumped into River Thames tributaries on Boat Race day - inews https://t.co/2eGNZC8jJ2
Sewage was dumped into rivers, lakes and on beaches designated 'safe to bathe in' 86 times a day on average in 2023, analysis of official data has suggested. Sky's correspondent @ashnahurynag explains the problem with UK sewage. Read more 👉 https://t.co/R1Vx4ChcM8 https://t.co/otE3vcZP9z
Thames Water hires restructuring advisers amid fears of collapse https://t.co/DaVyogkC57
Sewage was dumped into rivers, lakes and on beaches designated 'safe to bathe in' 86 times a day on average in 2023, analysis of official data has suggested Read more 🔗 https://t.co/XNg97YySJj