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Thames Water Faces Funding Crisis Amid Emergency Loan Requirements

2 hours ago

Thames Water Faces Funding Crisis Amid Emergency Loan Requirements
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7 Highlights

  • 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.
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