Thames Water will take decade to turn around, says boss

Thames Water will "take at least a decade to turn around", its boss has said, as the struggling company posted huge annual losses.Thames reported a loss of £1.65bn for the year to March, in which its debt pile climbed to £16.8bn.The UK's largest water and waste company claimed "significant rainfall and high groundwater levels" led to "pollutions" increasing by more than a third, but said it had tried to address…