robs
should know how this works by no
Oops
Thames, which serves 15 million households, and its parent company Kemble Water, owes a total of £18bn in debt.
Its own auditors have warned it may not continue as a going concern.
"The company has said it will need another £2.5bn of investment in the coming years but that is contingent in part on the regulator, Ofwat, agreeing to household bills increasing by 40% on top of inflation by 2030."
Maybe Rwanda is higher priorty....?
Thames Water says it can't pay back £190m loan
Thames Water boss tells MPs it doesn't have enough money to pay back a loan due in April next year.
www.bbc.co.uk
Thames, which serves 15 million households, and its parent company Kemble Water, owes a total of £18bn in debt.
Its own auditors have warned it may not continue as a going concern.
"The company has said it will need another £2.5bn of investment in the coming years but that is contingent in part on the regulator, Ofwat, agreeing to household bills increasing by 40% on top of inflation by 2030."
Maybe Rwanda is higher priorty....?