It was fined £300,000 with £61,000 prosecution costs. Thames Water Utilities Ltd, known as Thames Water, is the monopoly private utility company responsible for the public water supply and waste water treatment in large parts of Greater London, Luton, the Thames Valley, Surrey, Gloucestershire, Wiltshire, Kent, and some other areas of the United Kingdom. [41], In June 2018 regulators made Thames Water pay £65 million to customers among other problems because they failed to fix leaks. Thames Water Utilities Limited Registered in England and Wales. Registered Office: Clearwater Court, Vastern Road, Reading RG1 8DB. In May 2006 the leakage was nearly 900 million litres (200 million imperial gallons) per day and in June that year Thames Water missed its target for leakage reduction for the third year in a row. Find related and similar companies as well as employees by title and much more. [42], In the period 2005–13 Thames Water was the most heavily fined water company in the UK for pollution incidents, paying £842,500 for 87 events. pdf 604.1KB. The company was also ordered to pay costs of £100,000. Everything in there is just dead now.”[51] In 2013, fungus and slime in the River Crane was attributed to runoff of de-icer from Heathrow getting into the river [52] In 2014, Thames Water blamed recent pollution on fat poured down drains by local customers. We enable the sale of services to all companies licensed to operate in the Water Markets, this equates to over £400m of revenue that is managed within the team. The pumps were replaced by improved pumps. [13] The name of the company reflects its role providing water to the drainage basin of the River Thames and not the source of its water, which is taken from a range of rivers and boreholes. As well as managing up to approximately £200m of risk associated with market compliance. Thames Water awarded Bazalgette Tunnel Ltd the contract to build the £4.2 billion London Tideway Tunnel [6][7] Infrastructure proposals by Thames Water include the proposed reservoir at Abingdon, Oxfordshire, which would be the largest enclosed or bunded reservoir in the UK.[8]. The exceptional rain and weather conditions of 2013–14 caused swollen rivers and several low-lying Thames Water treatment works to be submerged under flood water. Sheridan added "the constant use of flow clipping to protect the treatment process, so that, despite the regular and prolonged discharge of untreated sewage to the River Thames via the storm outfalls, all samples taken at the final effluent outfall complied with the permit. Each year, on average, there are 50–60 such incidents and a total of 39 million cubic metres (1.4 billion cubic feet), or 39 million tonnes, is released. © 2020 Thames Water Utilities Limited. In July 2006, instead of a fine which would have gone "to the exchequer", the company was required to spend an extra £150 million on repairs. Thames Water considered it had been following an existing protocol agreed with Surrey County Council and the Environment Agency. This includes an annual pay review, season ticket loans, voucher scheme giving you money off in major retail outlets, loyalty awards for continuous service plus much more, including our refer-a-friend bonus, where you can receive up to £1,000 for helping someone get a permanent position within the company. Thames must hedge its balance sheet for currency and inflation moves and mark the value of the hedges against market prices. [21], In 2012 some of the company's stock was acquired by the BT Pension Scheme (13%), the Abu Dhabi Investment Authority (9.9%) and the China Investment Corporation (8.7%).| Thames Water was a Tier Three sponsor of the 2012 Summer Olympics in London.[22]. As our world changes, the need to take care of our most precious resource is greater than ever, both locally and globally. You will contribute to the team’s success, by demonstrating the company values, sharing knowledge with fellow associates, and developing best practice for delivering an outstanding experience to customers. Water firms will hear the outcome of price control proposals from Ofgem on December 16, four days after the general election. Thames Water is the UK's largest water and wastewater services company, and supplies 2.6 billion litres (570 million imperial gallons) of drinking water per day, and treats 4.4 billion litres (970 million imperial gallons) of w… Thames Water Utilities Ltd, known as Thames Water, is the monopoly private utility company responsible for the public water supply and waste water treatment in large parts of Greater London, Luton, the Thames Valley, Surrey, Gloucestershire, Wiltshire, Kent, and some other areas of the United Kingdom. Bioresources market information 2019-20. pdf 299.6KB. The company also did not meet the conditions which would allow it to discharge treated sewage. [18] As well as its British operations, it continued as an international water treatment consultancy and acquired further overseas operations. Are you sure you want to submit this vote? [20], Under the new ownership, the company re-focused its efforts on improving its operational performance and in 2007 announced the largest-ever capital investment programme (£1 billion p.a.) PR19 Revenue adjustments feeder model 01k - July 2018 update TMS 2.1. We are looking for a dynamic leader to manage relationships with our retail partners and just as importantly our service performance to them within our WMS (Wholesale Market Services) business area. We’re using our voice to lobby for change and partnering with WaterAid to provide clean water to the world’s poorest communities. [63] In 2013–14, exceptional weather conditions and flooding caused a total release of 55 million cubic metres (1.9 billion cubic feet), or 55 million tonnes. PR19 Revenue adjustments feeder model 01k - July 2018 update TMS 2.1. [43] In March 2017, Thames Water was fined a record £20.3 million after it pumped nearly 1.5 billion litres of untreated sewage into the River Thames. [44] In awarding the fine, Judge Francis Sheridan noted the company's "continual failure to report incidents" and "history of non-compliance", saying: "This is a shocking and disgraceful state of affairs. [69] The third stage is the 25 km (16 mi) Thames Tideway Tunnel, which was proposed by the Thames Tideway Strategic Study, including Thames Water, as an effective solution to deal with most of the remaining problem. [60], Thames Water maintains commercial flocks of sheep on the borders of several of its reservoirs, which are used as the cheapest way to stop large plants growing and damaging the banks.[61]. To be successful you will have the following skills and experience: You will be joining a relatively new team and division with a welcoming and enthusiastic group of people. For this reason, Thames Water advises against swimming in the Thames Tideway[65] and, by extension, walking in the tidal strand area. [71] On 3 November 2015, Bazalgette Tunnel Ltd received its operating licence from OFWAT, ensuring the start of the project. Thames Water's 15 million customers comprise 27% of the UK population. Non-Rating Action Commentary / Tue 07 Jan, 2020. I have to make the fine sufficiently large that [Thames Water] get the message", adding that, "One has to get the message across to the shareholders that the environment is to be treasured and protected, and not poisoned.". Interim executive chairman Ian Marchant is on the hunt for a new chief executive after Steve Robertson stepped down in May. An appeal against Reading Borough Council's rejection of the plan was dismissed by the planning inspector in January 2011. Over centuries of London's growth from medieval times to the Victorian age, the natural tributary system of the Thames Tideway was converted first into public open sewers and then closed over into covered sewers which emptied directly into the River Thames.