Thames Water 20 Years25/11/2009 |
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| Thames Water Utilities Limited was set up by the Government when the water sector in England and Wales was privatised in 1989. Twenty years and GBP10bn of investment later and the operational performance of the biggest water and sewerage company in Britain is still working on its future. |
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Steve Shine, Thames Water's Chief Operating Officer, said: "Last year was our best-ever year operationally - best-ever water quality, best-ever sewage works compliance and leakage targets hit three years running.
"This is no accident. It's the result of hard work and spending wisely, particularly in the last three years since we came under new ownership and adopted a 'back-to-basics' approach, offloading foreign interests and focussing solely on serving customers in London and the Thames Valley. "Thames Water inherited a rickety, leak-ridden Victorian network in 1989. It's still creaking in parts and there's a lot of work still to do. But we have made huge improvements and are determined to go on to achieve world-class standards of efficient service for our customers."
Thames Water, which has invested GBP4bn - that's GBP2.2m a day - in the past five years, has:
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