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2024

Thames Water: Financial crisis at UK's biggest water supplier worsens

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Thames Water, facing significant debt and seeking a cash injection, failed to secure £500 million from shareholders due to regulatory constraints, jeopardizing its agreed £750-million funding lifeline. Talks with the regulator, Ofwat, continue for a feasible plan while reports suggest Thames Water demanded concessions, including a 40% hike in water bills.














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