Home | FCA & regulatory news | British English edition
Trade Hub UK

Independent coverage of UK markets, FCA policy and institutional trading

AD CME Group Education AD Bank of England Statistics AD Investing.com Markets AD LSEG Data
FCA & Rules

Thames Water redraws mega-reservoir plan amid local opposition

Thames Water redraws mega-reservoir plan amid local opposition

Thames Water has amended the blueprint of a planned mega-reservoir in Oxfordshire as the struggling utility tries to convince regulators that construction should go ahead amid warnings of “catastrophic consequences”.

The White Horse reservoir near Abingdon is scheduled to hold 150bn litresof water with a surface area of 6.7 sq km (2.6 sq miles) – almost the same size as Gatwick airport.

Continue reading...