Thames Water admits it can't meet £190m debt repayment

Thames Water's chair Sir Adrian Montague blamed poor financial performance on the regulator's decision to enforce "deliberately very low" water bills. And the company's plan to turn things around will make customers pay more.

Tuesday 12 December 2023 21:59, UK

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Bosses at Thames Water, the UK's largest water provider, say the company does not have the money to repay a £190m loan bill due next April.
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