Thames Water troubles swell as parent firm defaults on debt
Source: BBC
However, at some point Thames Water will need to raise new money. The current shareholders, which include UK and Canadian pension funds as well as Chinese and Gulf State investors, pulled a planned £500m cash injection when Ofwat rejected proposals to raise customer bills by 40% above inflation by 2030. BBC - For more and to sign up click here To Return to the Main Aggregate News Page - click here
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