Britain’s largest water and sewage business needs a curiously-precise £96 billion of investment by 2030 in order to perform its clean-up.
Neil Collins’ Notebook: The Bank of England boss is reduced to Mouthy Monetarism while Thames Water’s new boss lets the cat out of the bag.
The possible demise of the utility giant is bad news for consumers or the taxpayer.
She deserves a bonus. Meanwhile, business as usual, eh chaps?
The company has been underinvesting in infrastructure and failing customers for a quarter of a century.
Neil Collins’ Notebook: The choice for the water company executives is clear: behave better, or face a growing legal challenge from an increasingly well-funded group of very cross people.
Condescending advice is being issued to the public, while water companies are mimicking the “do as we say, not as we do” approach of many government officials during lockdown.
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