N@N

Thames Water bid could see struggling firm split up

The article from This is Money discusses the potential breakup of Thames Water, Britain's largest water supplier, which is currently facing significant financial difficulties. The company, serving 15 million customers, has been struggling with a £14 billion debt pile and has been criticized for poor performance, including sewage spills and leaks. There is speculation that Ofwat, the water regulator, might force Thames Water to split into two separate entities to manage its debt and improve service delivery. This comes amidst concerns over the company's ability to fund necessary infrastructure upgrades, with suggestions that a breakup could make the company more manageable and potentially more attractive to investors. The situation has led to discussions about nationalization or special administration as alternatives to manage the crisis, highlighting the broader issues within the UK's privatized water industry.

Read the Full This is Money Article at:
[ https://www.thisismoney.co.uk/money/markets/article-14166573/Thames-Water-bid-struggling-firm-split-up.html ]