A view of a dried up river bed of the River Thames near to Cirencester in Gloucestershire. PA
A view of a dried up river bed of the River Thames near to Cirencester in Gloucestershire. PA
A view of a dried up river bed of the River Thames near to Cirencester in Gloucestershire. PA
A view of a dried up river bed of the River Thames near to Cirencester in Gloucestershire. PA

UK drought dries up source of River Thames for first time


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The source of the UK's River Thames has dried up for the first time on record against a backdrop of hosepipe bans and warnings of more high temperatures to come.

The famous river has moved eight kilometres downstream from its official starting point, outside the south-west English market town of Cirencester.

“Under our changing climate we can anticipate the frequency and severity of such periods of drought and water scarcity to intensify, with increasing competition for a dwindling resource and devastating impacts on aquatic life," Dr Rob Collins, director of policy and science at the UK's Rivers Trust, told The Guardian newspaper.

A man photographs the stone marking the spot for the traditional source of the River Thames known as Thames Head. PA
A man photographs the stone marking the spot for the traditional source of the River Thames known as Thames Head. PA

The driest eight-month period from November 2021, for the country since 1976, combined with record-breaking temperatures in July, have left rivers at exceptionally low levels, depleted reservoirs and dried out soils.

Parts of England have experienced the driest July since records dating back to 1836 began.

All of this has put pressure on the environment, farming and water supplies and is fuelling wildfires.

The Met Office has given a warning that there is "very little meaningful rain" on the horizon for parched areas of England as temperatures are set to climb into the 30s next week ― although forecast a return to more favourable conditions by the middle of the month.

While it could mean another heatwave — when there are above-average temperatures for three days or more — it is likely conditions will be well below the 40°C recorded in some places last month.

The situation has prompted calls for action to reduce water consumption to protect the environment and supplies, and to restore the country's lost wetlands "on an enormous scale" to tackle a future of more dry summers and droughts.

The call has been heeded by two of the UK's private water companies to date.

The Southern Water utility announced the move from Friday for customers in Hampshire and on the Isle of Wight, while the measure will follow in exactly a week for South East Water customers in Kent and Sussex.

Southern Water asked customers to limit use "to reduce the risk of further restrictions and disruption to water supplies, but more importantly to protect our local rivers".

South East Water said it had been "left with no choice but to restrict the use of hosepipes and sprinklers" from midnight on August 12 within Kent and Sussex "until further notice".

The company added that it was taking the step "to ensure we have enough water for both essential use and to protect the environment" and to enable a reduction in the amount of water "we need to take from already stressed local water sources".

Other water firms have so far held off bringing in restrictions despite low water levels, though some say they may need to implement bans if the dry weather continues.

Householders who have not yet been hit by restrictions are being urged to avoid using hosepipes for watering the garden or cleaning the car.

Thames Water's desalination plant, at Beckton, east London, which was built to deliver up to 100 million litres of water a day in dry weather events, is currently out of service.

UK drought — in pictures

  • The bed of the Woodhead reservoir as water levels sink in Glossop. There was a record-breaking heatwave in July, which was the driest July in records dating back to 1836 for south-east and central southern England. Getty Images
    The bed of the Woodhead reservoir as water levels sink in Glossop. There was a record-breaking heatwave in July, which was the driest July in records dating back to 1836 for south-east and central southern England. Getty Images
  • The parched grass lands of Greenwich Park in London. The country is facing its driest summer since 1976. EPA
    The parched grass lands of Greenwich Park in London. The country is facing its driest summer since 1976. EPA
  • Bewl Water Reservoir near Lamberhurst in Kent, which is currently measured at 67 per cent of its capacity as the dry weather continues. PA
    Bewl Water Reservoir near Lamberhurst in Kent, which is currently measured at 67 per cent of its capacity as the dry weather continues. PA
  • A man walks along a dry bank of a tributary to the Dowry Reservoir close to Oldham. PA
    A man walks along a dry bank of a tributary to the Dowry Reservoir close to Oldham. PA
  • Ardingly reservoir in West Sussex, owned and managed by South East Water, the water supplier for Kent and Sussex, which is restricting the use of hosepipes and sprinklers. PA
    Ardingly reservoir in West Sussex, owned and managed by South East Water, the water supplier for Kent and Sussex, which is restricting the use of hosepipes and sprinklers. PA
  • Low water levels at Holme Styes reservoir in Holmfirth, West Yorkshire. PA
    Low water levels at Holme Styes reservoir in Holmfirth, West Yorkshire. PA
  • A parched Parliament Square in London. EPA
    A parched Parliament Square in London. EPA
  • Low water levels at Bewl Water reservoir in Lamberhurst. Getty Images
    Low water levels at Bewl Water reservoir in Lamberhurst. Getty Images
  • A groundsman at Boughton and Eastwell Cricket Club in Ashford, Kent, prepares the wickets for matches. PA
    A groundsman at Boughton and Eastwell Cricket Club in Ashford, Kent, prepares the wickets for matches. PA

Nature campaigners have criticised water companies for leaving it to "the last possible moment" to bring in restrictions, when rivers are in a "desperate" state, and for last-minute announcements that spur an increase in water demand before hosepipe bans come in.

Mark Lloyd, chief executive of The Rivers Trust, said: "Every year we get to this perilous position and at the last possible moment, when the rivers are at their lowest, we get discussion of temporary use bans.

"Announcing it at the last minute causes people to rush to wash their cars and fill their paddling pools, wash the dog, and causes an increase in demand before the ban comes in.

"This should happen before the rivers come to a desperate condition and there's not enough water for wildlife."

The Rivers Trust is calling for accelerated metering, rapid reductions in leakages and support for households to reduce water usage, through means such as installing low-flow toilets and rain-harvesting tanks.

Other methods include protecting wetlands and introducing permeable paving to build up local stores of water underground.

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

The specs

Engine: 5.2-litre V10

Power: 640hp at 8,000rpm

Torque: 565Nm at 6,500rpm

Transmission: 7-speed dual-clutch auto

Price: From Dh1 million

On sale: Q3 or Q4 2022 

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

Results

Men's finals

45kg:Duc Le Hoang (VIE) beat Zolfi Amirhossein (IRI) points 29-28. 48kg: Naruephon Chittra (THA) beat Joseph Vanlalhruaia (IND) TKO round 2.

51kg: Sakchai Chamchit (THA) beat Salam Al Suwaid (IRQ) TKO round 1. ​​​​​​​54kg: Veerasak Senanue (THA) beat Huynh Hoang Phi (VIE) 30-25.

57kg: Almaz Sarsembekov (KAZ) beat Tak Chuen Suen (MAC) RSC round 3. 60kg: Yerkanat Ospan (KAZ) beat Ibrahim Bilal (UAE) 30-27.

63.5kg: Abil Galiyev (KAZ) beat Nouredine Samir (UAE) 29-28. 67kg: Narin Wonglakhon (THA) beat Mohammed Mardi (UAE) 29-28.

71kg: Amine El Moatassime (UAE) w/o Shaker Al Tekreeti (IRQ). 75kg:​​​​​​​ Youssef Abboud (LBN) w/o Ayoob Saki (IRI).

81kg: Ilyass Habibali (UAE) beat Khaled Tarraf (LBN) 29-28. 86kg: Ali Takaloo (IRI) beat Emil Umayev (KAZ) 30-27.

91kg: Hamid Reza Kordabadi (IRI) beat Mohamad Osaily (LBN) RSC round 1. 91-plus kg: Mohammadrezapoor Shirmohammad (IRI) beat Abdulla Hasan (IRQ) 30-27.

Women's finals

45kg: Somruethai Siripathum (THA) beat Ha Huu Huynh (VIE) 30-27. 48kg: Thanawan Thongduang (THA) beat Colleen Saddi (PHI) 30-27.

51kg: Wansawang Srila Or (THA) beat Thuy Phuong Trieu (VIE) 29-28. 54kg: Ruchira Wongsriwo (THA) beat Zeinab Khatoun (LBN) 30-26.

57kg: Sara Idriss (LBN) beat Zahra Nasiri Bargh (IRI) 30-27. 60kg: Kaewrudee Kamtakrapoom (THA) beat Sedigheh Hajivand (IRI) TKO round 2.

63.5kg: Nadiya Moghaddam (IRI) w/o Reem Al Issa (JOR).

What is Bitcoin?

Bitcoin is the most popular virtual currency in the world. It was created in 2009 as a new way of paying for things that would not be subject to central banks that are capable of devaluing currency. A Bitcoin itself is essentially a line of computer code. It's signed digitally when it goes from one owner to another. There are sustainability concerns around the cryptocurrency, which stem from the process of "mining" that is central to its existence.

The "miners" use computers to make complex calculations that verify transactions in Bitcoin. This uses a tremendous amount of energy via computers and server farms all over the world, which has given rise to concerns about the amount of fossil fuel-dependent electricity used to power the computers. 

RESULT

Los Angeles Galaxy 2 Manchester United 5

Galaxy: Dos Santos (79', 88')
United: Rashford (2', 20'), Fellaini (26'), Mkhitaryan (67'), Martial (72')

The years Ramadan fell in May

1987

1954

1921

1888

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Oppenheimer
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EChristopher%20Nolan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ECillian%20Murphy%2C%20Emily%20Blunt%2C%20Robert%20Downey%20Jr%2C%20Florence%20Pugh%2C%20Matt%20Damon%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E5%2F5%3Cbr%3E%3C%2Fp%3E%0A
The specs

Engine: 3.8-litre V6

Power: 295hp at 6,000rpm

Torque: 355Nm at 5,200rpm

Transmission: 8-speed auto

Fuel consumption: 10.7L/100km

Price: Dh179,999-plus

On sale: now 

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
While you're here
Updated: August 05, 2022, 1:20 PM