Thames Water has six weeks to agree survival plan with Ofwat
While the company believes it has cash to last 15 months, it will have to move fast to stave off insolvencyThames Water has just six weeks to convince its regulator that it has a viable survival plan for its business, the Guardian can reveal.While the company believes it has enough cash to survive for about 15 months, insiders and investors fear that it must move quickly to strike a deal with its watchdog to stave off insolvency. Continue reading...
While the company believes it has cash to last 15 months, it will have to move fast to stave off insolvency
Thames Water has just six weeks to convince its regulator that it has a viable survival plan for its business, the Guardian can reveal.
While the company believes it has enough cash to survive for about 15 months, insiders and investors fear that it must move quickly to strike a deal with its watchdog to stave off insolvency. Continue reading...
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