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The chief executive of Thames Water has refused to rule out bill increases of up to 40% for customers as the troubled company tries to secure its future.

It comes as the business, which serves nearly a quarter of the UK’s population, struggles with more than £15bn of debt and the huge interest payments required to service it.

Earlier on Thursday, its situation got worse when it was revealed that a £500m funding injection from shareholders expected by the end of this month would not be forthcoming.

When asked by Sky News’ Ian King if bills could be hiked to fill the gap, Thames Water chief executive Chris Weston replied: “I don’t think we have been at all secretive about that.

“But the plans that we have put forward – which are very much in accordance with what customers are asking us to do – require an investment of around £20bn in that 2025-2030 period, and that would result in a bill (increase) of around 40%.”

Mr Weston added: “It is very clear listening to our customers that what they value most is high-quality clean drinking water and that we do all that we can to protect the environment.

“Those two things are primarily what is driving the investment that we are having to make in our network in that five-year period.”

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The rise in bills would – if approved – come at a time when the cost of living is still rising, albeit at a slower rate than in recent months.

Mr Weston said he recognised any increase in bills “could be very, very difficult for people”, adding that the company was looking at what could be done to help the most vulnerable.

Read more:
Thames Water directors hold crunch talks over utility’s future
Thames Water bosses admit it can’t meet April debt repayment
Water firms face backlash over record sewage spills in England

Earlier on Thursday, nine shareholders turned their anger on water company regulator Ofwat for the company’s cash crisis.

They said it had “not been prepared to provide the necessary regulatory support for a business plan which ultimately addresses the issues that Thames Water faces.

“As a result, shareholders are not in a position to provide further funding to Thames Water.”

As well as the rise in bills, Thames Water had been seeking an easing of capital spending requirements and leniency on forthcoming penalties.

Thames Water has come under intense pressure in recent years because of its poor record on leaks, sewage contamination, executive pay and shareholder dividends.

It is facing multiple fines and regulatory investigations, including into the payment of dividends to Kemble Water, its parent company.

Ofwat said: “Today’s update from Thames Water means the company must now pursue all options to seek further equity for the business to turn around the performance of the company for customers.”

In total, tens of billions of pounds have been handed to shareholders in water utilities across Britain since privatisation, stoking public and political anger given the industry’s frequent mismanagement.

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UK weather: Fresh amber warning for rain into New Year’s Day as wind and downpours cancel celebrations

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UK weather: Fresh amber warning for rain into New Year's Day as wind and downpours cancel celebrations

A new amber warning for heavy rain has been issued for parts of England this evening, as wet and windy weather elsewhere in the country forced the cancellation of New Year’s Eve celebrations.

Outdoor events planned for 31 December as part of Edinburgh’s Hogmanay will not take place, and events on the 30th were also cancelled.

A spokesperson said events in the city centre of the Scottish capital, including fireworks from the castle, are unable to go ahead “on the grounds of public safety” due to “high winds and inclement weather”.

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Meanwhile, organisers of a planned fireworks display in Blackpool said it has also been cancelled due to the weather.

Visit Blackpool said only the pyrotechnics have been affected, with the rest of the New Year’s Eve Family Party to continue as planned, including free ice skating and a projection light show.

Weather warnings for the UK as of Tuesday evening. Pic: Met Office
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Weather warnings for the UK as of Tuesday evening. Pic: Met Office

More bad news came on Tuesday evening when the Met Office issued an amber warning for rain over an area from Preston to Bradford. It is in place as of 8.38pm on Tuesday evening until 9am on Wednesday morning.

“Persistent and, at times heavy, rain will continue overnight before clearing southwards on Wednesday morning,” the forecaster said.

“40-50mm rain is expected fairly widely, with 50-100mm across west-facing hills. There is a chance a few locations could see in excess of 100mm.”

Heavy rain is likely to lead to disruption including flooding. Pic: Met Office
Image:
Heavy rain is likely to lead to disruption including flooding. Pic: Met Office

Almost every part of the UK is covered by at least one of multiple Met Office weather warnings over the course of Tuesday and Wednesday.

Another fireworks event in Ripon, North Yorkshire, also succumbed to the weather, with the council posting on Facebook that the event planned to take place in the city’s Market Square could not go ahead due to high winds.

While a homemade boat race in Poole in Dorset, a sea dip in Lyme Regis in the same south coast county, as well as fireworks displays on the Isle of Wight and on Newcastle’s Quayside, were all cancelled on Tuesday morning.

Although London’s City Hall had said it was “monitoring the weather”, mayor Sadiq Khan this evening reassured visitors the fireworks would go ahead.

London mayor Sir Sadiq told the PA news agency: “I’m really excited about the London New Year’s Eve fireworks, the biggest fireworks taking place anywhere across Europe.

“Hundreds of thousands of fireworks, great light display but also a great soundtrack tonight as well.”

Waves break on the sea front in Blackpool, as snow, rain and wind warnings are in force and are expected to cause travel issues on New Year's Eve. Picture date: Tuesday December 31, 2024.
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Waves break on the seafront in Blackpool. Pic: PA

Rain, wind and snow warnings

Three separate weather warnings currently cover Scotland alone for Tuesday evening, including a yellow warning for “persistent snow” over Shetland and Orkney, a yellow warning for rain and snow in the north, which could bring possible blizzard conditions, especially over high ground in Sutherland and Caithness.

Three different warnings cover Scotland on Tuesday alone. Pic: Met Office
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Three different warnings cover Scotland on Tuesday alone. Pic: Met Office

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Hogmanay event cancelled

A yellow warning for wind spans from Glasgow to Edinburgh, and the Met Office has warned of possible delays to road, rail, air and ferry transport.

Train operator ScotRail warned its services were being disrupted by speed restrictions due to “very heavy rainfall”.

At least 11 lines have been affected, according to the ScotRail website, and 18 trains were cancelled on Tuesday morning.

Network Rail said it closed the Highland Main Line at Kingussie because of “more extreme rainfall overnight”.

Forecasters say the high winds and rain may also cause flooding, particularly in the Midlands and Pennines, with the Environment Agency urging people to stay away from swollen rivers and avoid driving through floodwater.

In the Highlands, flooding has forced the closure of the A9 at Tomich.

Vehicles drive on the A9 in Inverness, as snow, rain and wind warnings are in force and are expected to cause travel issues on New Year's Eve. Picture date: Tuesday December 31, 2024. PA Photo. See PA story WEATHER Winter. Photo credit should read: Paul Campbell/PA Wire
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The A9 in Inverness. Pic: PA

‘Tricky couple of days’

As the clock strikes midnight in the UK, separate warnings for wind and rain are in place for Wednesday.

Vehicles drive on the A9 in Inverness, as snow, rain and wind warnings are in force and are expected to cause travel issues on New Year's Eve. Picture date: Tuesday December 31, 2024. PA Photo. See PA story WEATHER Winter. Photo credit should read: Paul Campbell/PA Wire
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Pic: PA

Strong winds are forecast across much of England and Wales until 3pm on 1 January, with gusts of 75mph likely around coastal areas and hills, according to the Met Office.

A period of strong winds on Wednesday across most of England and Wales risks disruption, the Met Office said. Pic: Met Office
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A period of strong winds on Wednesday across most of England and Wales risks disruption, the Met Office said. Pic: Met Office


The period from Thursday to Saturday is expected to be a “widely cold but sunny few days, with wintry showers mainly confined to coastal areas.

“Northern areas may see patchy rain, sleet and snow move in on Saturday.”.

Read more from Sky News:
Welsh Ambulance Service declares critical incident
The stand-out names on New Year Honours list

Met Office meteorologist Craig Snell said: “It will be a tricky couple of days and a wet and windy spell for many up into the new year.

“We’re encouraging anyone who is planning to travel to keep up to date with the weather forecast and news from their local authorities.”

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Veteran radio star Johnnie Walker dies aged 79

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Veteran radio star Johnnie Walker dies aged 79

Veteran radio DJ Johnnie Walker, who hosted BBC Radio 2’s Sounds Of The 70s and The Rock Show, has died aged 79.

Known for championing artists like Lou Reed, Fleetwood Mac and The Eagles, Walker in October announced he would retire from radio after 58 years.

He had previously been diagnosed with idiopathic pulmonary fibrosis (IPF), a lung condition.

Weeks later, he presented his final Sounds Of The 70s show on BBC Radio 2 and hosted his last episode of The Rock Show as he hung up his headphones due to ill health.

The DJ was awarded an MBE in 2006. Pic: PA
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The DJ was awarded an MBE in 2006. Pic: PA

Tiggy Walker, Walker’s wife, said: “I couldn’t be more proud of Johnnie – how he kept broadcasting almost to the end and with what dignity and grace he coped with his debilitating lung disease.

“He remained his charming, humorous self to the end, what a strong, amazing man.”

She added: “And if I may say – what a day to go. He’ll be celebrating New Year’s Eve with a stash of great musicians in heaven.”

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Walker’s death was announced on air by his friend and colleague, BBC Radio 2’s Bob Harris, who took over as presenter of Sounds Of The 70s in November.

Harris said: “I first started listening to him on pirate radio and we know what an incredible, wonderful, superb broadcaster he was.

“We also know how passionate he was about his music, went out on a limb many times to defend the music that he loved.”

The BBC’s director general, Tim Davie, said the organisation was “deeply saddened” by the passing of a “pop radio pioneer and a champion of great music”.

“No one loved the audience as much as Johnnie, and we loved him back.”

From fixing cars to hosting Drivetime

Born in Birmingham, he left school aged 15 to train to as a mechanic, later becoming a car salesman.

But his passion for music was already bubbling away, and he picked up a Friday night slot as a disco DJ under the name Peter Dee.

He began his radio career in 1966 on an offshore pirate station, Swinging Radio England.

But it was with Radio Caroline that he became a household name, before joining BBC Radio 1 in 1969.

After a stint in San Francisco, where he recorded a weekly show for Radio Luxembourg, he returned to the UK in the 1980s, working on various BBC stations until landing his own weekly show on Radio 2, and then taking over Drivetime.

He gained a reputation as a DJ who placed more importance on the tracks he played than the chat between them.

Helen Thomas, head of BBC Radio 2, said Walker “loved radio and inspired a generation of presenters, passionately promoting the artists and music he cared about so deeply”.

She called him a “much-loved broadcasting legend” with a “wry sense of humour” and “warm, open style”.

Shaun Keaveny, who took over presenting Radio 2’s The Rock Show from Walker, described him as “a rebel, a soul searcher, and a seeker, a rocker, and a phenomenal broadcaster”.

The veteran DJ pictured in March 2004. Pic: PA
Image:
The veteran DJ pictured in March 2004. Pic: PA

Walker ‘died’ three times

In October 2003, Walker underwent chemotherapy and an emergency operation for non-Hodgkin’s lymphoma.

He revealed his diagnosis live on air, and later revealed he “died” three times during surgery to repair his burst intestine.

IPF is a condition that scars lungs and makes it increasingly harder to breathe.

The NHS website says it is not clear what causes the condition, and although treatments can slow its impact, there is “currently no treatment that can stop or reverse the scarring of the lungs”.

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West Ham striker Michail Antonio thankful for ‘being alive’ after leaving hospital

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West Ham striker Michail Antonio thankful for 'being alive' after leaving hospital

West Ham forward Michail Antonio has said he has realised he “took life for granted” but is now thankful just for “being alive”, as he was discharged from hospital after a car crash in early December.

In a heartfelt message on Tuesday evening, he thanked the NHS, the air ambulance, and “everyone from top to bottom at West Ham United FC”.

“Every year around this time, I’m asked what I’m grateful for, and every year I’ve struggled to find the right words,” Antonio said in a post on Instagram, alongside a photo of him on crutches.

“But this year, I know exactly what I’m grateful for: being alive.”

A picture appeared to show Antonio's damaged car
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A picture appeared to show Antonio’s damaged car

The 34-year-old Jamaica international needed surgery on a lower limb fracture after a one-car incident outside London on 7 December, and his rehabilitation is expected to take quite some time.

But he promised to be “back on that pitch soon” as he wished everyone a happy new year.

The striker said he realised he had spent “so many years taking life for granted”.

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“I made plans for the next day, the next year, always assuming tomorrow was guaranteed.

“I’ve seen close friends pass away… and even then, I didn’t fully grasp just how precious life is.

“What I’ve been through recently has opened my eyes. Life is fragile, and every single moment matters. I’m so grateful to God for giving me the strength to keep going and for allowing me to still be here.”

West Ham manager Julen Lopetegui previously described the outcome of the serious accident as a “miracle.”

In the first match after the crash, West Ham players wore “Antonio 9” shirts before kick-off.

The kit was then signed by the players, including Antonio, and auctioned off, generating almost £60,000 for the NHS and Air Ambulances UK Charity.

“Everyone at the club would like to reiterate their heartfelt thanks to the first responders, emergency services, air ambulance staff and the NHS for the incredible support given to Michail in the wake of the accident,” West Ham said in a statement earlier today.

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