GMB has today [Monday[ responded to an investigation showing Thames Water has £23 billion of assets that are in urgent need of repair and the supply of water to its 16 million customers is “on a knife-edge”. [1]
Gary Carter, GMB National Officer, said:
“Previous owners have left Thames Water in a perilous state – no one will be surprised by the latest revelations.
“Thames needs committed long term investment just to keep operating, never mind stop the leaks and cut the sewage spills.
“Then it must be held to account and deliver for customers, with its skilled workforce central to the turnaround
“If that investment isn’t forthcoming then the Government must act fast and put Thames into special administration.
“Ministers can’t sit back and watch the car crash.”