Thames Water plans 10% bill rise

Thames Water plans to raise bills by more than 10% above the cost of inflation over a five-year period.

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Hundreds without water after pipes burst

Credit: ITV News

Hundreds of people in south London have been without water since yesterday evening after mains water pipes burst. It has meant residents of two blocks of flats are also without power, after the electricity supply had to be cut off for safety reasons.

Credit: ITV News

The London Fire Brigade has been pumping water from the basement of the building since this morning. Wandsworth Council have apologised for any inconvenience and said they were working with Thames Water to fix the issue.

Credit: ITV News

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Thames Water apologises to customers without water

Thames Water has apologised to customers in the E14 postcode area who are without water this morning.

The company said engineers were working to resolve the issues as soon as possible.

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E14: Sorry to customers who are without water this morning. Our engineers are on site working to fix the issue as soon as possible.

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Thames Water defers corporation tax 'for a decade'

Thames Water, the UK's biggest water company, does not expect to pay any more corporation tax for up to a decade, it said, as an above-inflation rise in bills saw its profits rise by nearly a fifth.

Thames Water to defer liability tax Credit: Thames Water

The firm says its infrastructure investments of £1 billion a year over the next seven to 10 years mean it will be able to defer £20 million a year in tax liabilities.

The firm, which is at loggerheads with regulator Ofwat over customer charges, has already built up a deferred tax bill of £855.6 million and its latest plans will see this rise to more than £1 billion.

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