Channel 4 News
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Thames Water: Will government save water company from collapse?
Posted
June 28, 2023
Views
104,628
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780
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June 28, 2023
104,628
780
757
1.47%
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14:38Now PlayingThe government says it is working behind the scenes to ensure that Thames Water customers won't be impacted as rumours circulated today that the company, which is £14bn in debt, is on the verge of going bust.
The company - the UK's biggest water supplier - is looking to raise cash from investors.
Meanwhile the Chancellor was meeting regulators from various industries - including water - to see what could be done about lowering prices.
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