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How UK's biggest water supplier sank into crisis

Terra Daily Wednesday, 24 April 2024 ()
London (AFP) April 23, 2024

Thames Water, the UK's largest water supplier, has been ravaged since privatisation by soaring debts and chronic underinvestment, sinking into a deep financial crisis which has sparked bailout speculation. So how did Thames Water, serving about 15 million people across London and surrounding areas, end up in such a perilous financial state?
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