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fights to prevent its collapse. ministers are drawing up contingency plans while the supplier looks to secure extra funding amid debts running into billions of pounds. celia hatton has more. the future of the uks biggest water company is far from watertight. but the government is reassuring thames waters 15 million customers they wont lose access to water as work continues behind the scenes to try to rescue it from collapse. thames water is £14 billion in debt and in crisis mode after...

Of debt when interest rates were lower and those debts have now climbed to 80% of the compa ny�*s value. other uk water companies might also be in trouble. in december, the water regulator 0fwat expressed concerns over the financial resilience of thames water, along with four other companies — southern, yorkshire, scs and portsmouth. critics blame mismanagement that prioritised shareholders over customers. though shareholders are now under pressure to resolve the situation before the governm...