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Financial crisis at UK's biggest water supplier worsens

Debt-plagued Thames Water revealed Thursday that it failed to raise a major cash injection from shareholders, blaming industry regulations that made its rescue plan "uninvestable". The company added it was in "ongoing" talks with industry regulator Ofwat over a plan that is "affordable for customers, deliverable and financeable for Thames Water, as well as investible for equity investors".
United Kingdom River Thames United Kingdom General City Of Ben Stansall Fulham Reach Boat Club
Source: legit.ng

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