Thames Water: Ministers weigh up contingency plans for collapse
June 28, 2023
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3:35Now PlayingThames Water: Ministers weigh up contingency plans for collapse
YouTube Description
as posted by the channelThe government has begun drawing up contingency plans for the collapse of Thames Water amid growing doubts in Whitehall about the ability of Britain’s biggest water company to service its £14bn debt-pile.
Water firms have accrued £54bn in debt since privatisation - but paid out dividends to shareholders of £66bn, according to an analysis by The Guardian newspaper last year.
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