Thames Water’s turnaround plan to be supervised by independent monitor

Thames Water’s turnaround plan to be supervised by independent monitor

Thames Water, Water industry, Regulators, Business, Water, Environment, UK news, England, Wales, Pollution, Utilities Business | The Guardian

​Ofwat says monitor will have access to company’s financial information and report back to regulatorBusiness live – latest updatesThe water industry regulator for England and Wales is to appoint an independent monitor to supervise debt-laden Thames Water’s turnaround plan as it attempts to avoid a government-handled administration.Ofwat said on Wednesday the monitor would have access to the company’s financial information and would report back to the regulator. Continue reading… 

Ofwat says monitor will have access to company’s financial information and report back to regulator

Business live – latest updates

The water industry regulator for England and Wales is to appoint an independent monitor to supervise debt-laden Thames Water’s turnaround plan as it attempts to avoid a government-handled administration.

Ofwat said on Wednesday the monitor would have access to the company’s financial information and would report back to the regulator.

Continue reading… 

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