Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Ofwat orders Thames Water to appoint independent monitor, revise business plan, raise equity and introduce new non-executive directors due to credit rating loss and high debt.

flag UK water regulator Ofwat has ordered Thames Water, the UK's largest water supplier, to appoint an independent monitor, develop a robust operational business plan, execute an equity raise, and introduce new non-executive directors to its board. flag These measures are in response to Thames Water losing its investment-grade credit ratings and a £15bn debt pile. flag Thames Water must follow these measures until it regains two investment-grade credit ratings.

12 Articles

Further Reading