Why is Thames Water in so much trouble?
There are fears that the UK’s biggest water firm is close to collapse but how did it come to this? …
Of the 11 companies that provide water and sewage services in England and Wales, six are owned by or controlled by overseas investors from countries including Hong Kong, Canada and Malaysia. Like Thames Water, critics claim that overseas owners have loaded water companies up with debt and paid themselves handsome dividends at the expense of investment.
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