“This is the beginning of the end for Thames Water in its current form,” says Lex in the Financial Times. Shareholders in Britain’s biggest water company have baulked at injecting new equity into the heavily-indebted utility. This week, the group hired restructuring advisers amid fears that its parent company, Kemble Water Holdings, may collapse by the end of April, when a £190m
Selling Britain down the river
Apr 05, 2024
2 minutes
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