Thames Water Bulletin - Member Update
Posted on:
Dear member,
On Tuesday, GMB reps and the National Secretary attended a joint union meeting with Chris Weston, Thames Water Chief Executive. The meeting had been set up at the request of GMB in order to get an understanding as to the latest developments that many of you will have read about in the press. We wanted to understand the possible impact these would have on your jobs and terms and conditions.
The meeting was open, frank and honest and covered the latest developments since the last staff update, in particular the OFWAT determination which covers the amount that bills can be increased by. This is a lot less than has been requested by the company but it was stressed that the published position was only the initial finding of the Regulator and that there was some way to go before this process is finalised. Should the company not receive the outcome they want, they would have the opportunity to challenge this via the CMA procedure.
In terms of the position for members, it was stressed that this would be very much a case of business as usual and that even if a special administrator was appointed, members jobs would continue without interruption. The simple reality is that the work you do relates to an essential piece of national infrastructure and whilst there may, as a worst case scenario, be a change of administration, this is not going to change the need for members to continue doing the vital work you do. Whilst in the longer term there is always the possibility of a change of structure or new technology having some impact on roles, this is not in reality any different as a result of the company’s current financial position. It goes without saying that whatever happens, your GMB reps will be working tirelessly to protected jobs and terms moving forwards.
GMB are in a process of setting up a meeting with the Minister in order to get further clarification and will report back to your once that meeting has been held. In the meantime, we will continue to update you of developments as they happen.
Your sincerely
Your National GMB reps