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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 |
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