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Well those two days would be good ones, as I see from the tide tables that they are predicted to be the highest of the year at 7.4 metres. Maybe Thames Water could provide them with some green wellingtons?It doesn’t look too promising for Thames Water to fix the problem quickly, after reading their response to the latest Ofwat fine of £12.5 million for failing to provide accurate information and offering a sub-standard service. Thames Water claim that the fines were "totally disproportionate" and would have a detrimental effect on its customers in London and the south east of England. So I guess they will use that as an excuse not to fix things.See http://business.guardian.co.uk/story/0,,2179191,00.htmlI read here:http://www.thisismoney.co.uk/campaigns/customerservice/article.html?in_article_id=418486&in_page_id=515The Consumer Council for Water described in a report in March, that last October’s heavily indebted £8bn takeover of Thames Water by Australian bank Macquarie from German owners RWE as 'seriously flawed' and 'deeply suspect'. “It said: 'Nothing we have read in the consultation paper or anything we have heard directly from Thames Water's new owners give us comfort that consumer interests are at the forefront of its strategy. ' Instead we believe that the expectation is that their investment in Thames Water will be low risk but high gains and wherever possible they will seek to pass on risk to customers.' In a detailed analysis of the takeover - which used a 'middle man' company called Kemble Water - the report criticised: • The 'Byzantine' ownership structure of Thames which 'does little to convince us that Kemble will act in the best interests of Thames Water and its customers'. • The make-up of the proposed new board, which will have 11 as yet unnamed members representing the new investors in Thames, three 'independent' members but no senior executives actually running the company and no one representing consumers. • The 'salami' slicing up of Thames Water into smaller stakes, which are then sold on to other investors. • The complex 'smoke and mirrors' financial structure of the 'private equity' ownership of Thames. This has resulted in sharply higher levels of borrowing.”What chance have we to fix one drain?

Duncan Walker ● 6507d