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Evening Standard
Evening Standard
Business

Thames Water makes £400 million profit while number of burst water mains rises 40%

Thames Water provides 2.6 billion litres of tap water a day to London and the south east Victoria Jones/PA)

(Picture: (Victoria Jones/PA))

Thames Water reported first-half profit of almost £400 million pounds today, made at a time when the number of burst pipes rose by almost 40% and a lengthy hosepipe ban came during a long drought.

It said the summer heatwave was to blame for the increase in leakage “due to the hot weather and dry ground.” The 15-million customer company faced public criticism for imposing a hosepipe ban from August to September, while in a typical year almost a quarter of the 2.6 billion litres of tap water it supplies daily is lost to leakage.

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