Leaky Thames Water Pours Cash Into Pipes

Daily MailJune 30, 2007

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Summary


BRITAIN'S most leaky water firm will spend nearly 1bn in the next year to upgrade sections of London's ageing water pipes.

Thames Water, bought by Australian bank Macquarie for 8bn last year, will dig up 335 miles of rotten Victorian-era water mains in order to beat regulator Ofwat's leakage targets for the first time.

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Leaky Thames Water Pours Cash Into Pipes

The utility cau...

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