Thames Water Faces Funding Crisis Amid Emergency Loan Requirements
4 minutes ago
- Thames Water risks collapse due to over £15B debt.
- A £530M credit facility may expire by October 7.
- Failure to secure funds could lead to nationalization.
- Thames Water seeks £3.25B for stabilization.
- Approval for bill increases is crucial for funding.
- Government monitors to prevent water disruptions.
- Thames Water serves 16 million UK customers.