Thames Water boss refuses to rule out bill increases of up to 40% to secure company's future
Thursday, 28 March 2024 The chief executive of Thames Water has refused to rule out bill increases of up to 40% for customers as the troubled company tries to secure its future.
Communities Secretary Michael Gove brands the management of Thames Water a “disgrace”, insisting they should “carry the can” for any future investment, instead of consumers. Bosses at the company have admitted the firm could face the risk of emergency nationalisation as its funding crisis...
Representatives of Thames Water's multinational syndicate of shareholders are poised to quit as directors of its corporate entities after refusing to inject the.. Sky News
Chancellor Jeremy Hunt says the Treasury will monitor Thames Water's situation "very carefully" but believes the company is “still solvent” despite reports of shareholders withdrawing investment money. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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Thursday, 28 March 2024
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