The 35% surge over the next five years will end up being more, as it does not take inflation into account. Thames, the country’s biggest water company, had argued for a more than 50% leap in ...

This surge of water during a spring tide ... including the construction of the Thames Barrier to protect London, which was finished in 1984.

Thames Water is also the subject of bids by several investment groups who are looking to buy the company out. But the process for an equity injection cannot be finalised until Ofwat makes a final ...