Ch4HDnews reports.
The Government may have to take it over.
[Thames Water plc was acquired by the
German utility company RWE in 2001.]
But now half is owned by China
reports say
https://en.wikipedia.org/wiki/Thames_Water
[Thames Water is in talks to secure extra funding
as the government says it is ready to act
in a worst case scenario if the company collapses.
The water firm, which serves a quarter of the
UK population, has billions in debt and
is under pressure with its boss resigning
unexpectedly on Tuesday.
The government said "a lot of work is going
on behind the scenes" and it had a process
in place "if necessary".
Regardless of what happens,
water supplies will continue as normal.
Even if the firm were to collapse,
it would not happen imminently,
the BBC understands.]
https://www.bbc.co.uk/news/business-66039170