Thames Water

I saw in Metro this morning that Thames Water have applied for a drought order. Which, given how much water is being lost across the region because of leaks (a case in point being the river coursing down Muswell Hill Road today), takes the piss. And all Ofwat can do is fine them 10% of turnover – but somehow they’ve had a 31% rise in profits and are planning to raise water bills by 24% over the next five years. Why can’t Ofwat put a freeze on prices? Fining companies just tempts them to raise prices to cover the fines, so in effect we’re paying the damn things. But if prices were frozen as long as the companies fail to deliver improvements to service, and continue to inconvenience us (and in some cases, possibly sending water-reliant businesses to the wall), surely then Thames Water would finally have some vague incention to pull their finger out?

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5 responses to “Thames Water

  1. Will June 27, 2006 at 2:02 pm

    I noticed that river this morning, it was mighty impressive. I nearly went home to fetch my canoe.

  2. kate June 28, 2006 at 1:50 pm

    … but then water companies wouldn’t make profits. and we all know that’s the point of having water companies, right?
    …. no, wait ….

  3. Rachel June 28, 2006 at 2:08 pm

    What’s even more impressive is that every time I’ve passed, there’s nobody working on it. Oh, they’ve dug it up and there’s barriers and temporary traffic lights and a tailback the whole length of the Broadway, but no actual workmen and the torrent continues. I am tempted to do the canoe thing – re-enact the scene in Friends where Joey and Chandler have all their stuff nicked and the episode ends with them sitting forlornly in the canoe.

  4. Will June 29, 2006 at 11:15 am

    And Park Road leisure centre is closed after it was covered in an inch of water after a water main burst.
    This is why I refuse to try to save water. There’s absolutely no fucking point if the water companies and the government can’t get their act together.

  5. Rachel June 29, 2006 at 12:03 pm

    Eurgh, that’s grim… I hope they clean it properly before they re-open…

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