Thames Water nearing the cliff edge.
Thames Water nearing the cliff edge.
No surprise.
"The water company — which is owned by a clutch of investors, including pension funds Omers and USS, and the Abu Dhabi and Chinese sovereign wealth funds — is in last-ditch talks with Ofwat and government to avert a crisis, which would see Thames Water brought under the government’s special administration regime, a temporary renationalisation.
Thames Water has come under increasing financial strain as higher interest rates make servicing its £18bn debt pile more expensive...
Read more
by JohnD
This has been automatically posted in the DIYNot Forum on DIY Talk. The new DIY Forum
Thames Water nearing the cliff edge.
No surprise.
"The water company — which is owned by a clutch of investors, including pension funds Omers and USS, and the Abu Dhabi and Chinese sovereign wealth funds — is in last-ditch talks with Ofwat and government to avert a crisis, which would see Thames Water brought under the government’s special administration regime, a temporary renationalisation.
Thames Water has come under increasing financial strain as higher interest rates make servicing its £18bn debt pile more expensive...
Read more
by JohnD
This has been automatically posted in the DIYNot Forum on DIY Talk. The new DIY Forum