Misleading risk assessment leads to Thames Water to pay £86m for overestimating flooding risks

Thames Water, UK’s biggest water company reportedly misreported the number of properties at high risk of sewer flooding between 2005 and 2010 leading to recording more properties at higher risk than there was evidence to support. This lead to overestimating flooding risks. The company reportedly did reduce the risk of sewer flooding at the homes of a large number of its customers. It also reduced misreporting likely led to poorly targeted and inefficient mitigative allotments financed by its customers. Misleading risk…

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