ALEX BRUMMER: Thames Water is not just an unscrupulous serial polluter - it is also financial basket...

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ALEX BRUMMER: Thames Water is not just an unscrupulous serial polluter - it is also financial basket...
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After the medals ceremonies and the photographs, the winning rowing team grab their cox and 'dunk' him or her in the Thames. But this unique British custom is now at risk.

After the medals ceremonies and the photographs, the winning crew grab their cox and 'dunk' him or her in the Thames.

Sewage being discharged into the River Thames. Thames Water is not just an unscrupulous serial polluter. It is also financial basket case The utility firm, which serves 16.5 million customers in London and the Thames Valley, has a shameful record. It allowed some 72 billion litres of human waste to flow into our rivers between 2017 and 2023, resulting in fines of £35.7 million.The risk now is that the company may have to be taken into temporary public ownership – or collapse.

Members of the Cambridge rowing team practising in the Thames. Sacrificing the unique quirks of the Boat Race surely would be one step too far No formal consideration was given by Tony Blair or his then Chancellor Gordon Brown to the damage that this sale to a foreign investor would do to the national interest.

Under the ownership of the so-called 'vampire kangaroo', Thames's debt soared to £10 billion. Macquarie claims the money was spent upgrading Thames's Victorian pipes and infrastructure.

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ALEX BRUMMER: Thames Water is not just an unscrupulous serial polluter - it is also financial basket...ALEX BRUMMER: Thames Water is not just an unscrupulous serial polluter - it is also financial basket...After the medals ceremonies and the photographs, the winning rowing team grab their cox and 'dunk' him or her in the Thames. But this unique British custom is now at risk.
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