Thames Water, Water industry, Utilities, Business, UK news Business | The Guardian
Exclusive: Some bidders demand temporary renationalisation to help cut debts and oust bossesThames Water’s potential rescuers are seeking a clean break with the company’s past before they commit fresh funds, with some demanding a temporary renationalisation to help cut debts and replace bosses, the Guardian can reveal.There has been public outrage at the governance of England’s water industry amid sewage spills into rivers and seas, mounting corporate debts and rising consumer bills. Continue reading…
Exclusive: Some bidders demand temporary renationalisation to help cut debts and oust bosses
Thames Water’s potential rescuers are seeking a clean break with the company’s past before they commit fresh funds, with some demanding a temporary renationalisation to help cut debts and replace bosses, the Guardian can reveal.
There has been public outrage at the governance of England’s water industry amid sewage spills into rivers and seas, mounting corporate debts and rising consumer bills.