Thames Water, facing a £23 billion repair bill, warns of critical water supply risks, prompting regulation review.

Thames Water, serving 16 million customers, warns that its water supply is critically at risk due to a £23 billion repair bill for its aging infrastructure. The company is in debt and faces potential safety and cyber threats. Regulators are assessing the company's request for increased spending to address these issues, which could lead to temporary renationalization and higher costs for taxpayers.

November 17, 2024
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