Water giants drowning in a sea of debt borrowing even more than we thought!
The sheer amount of borrowing already threatens to engulf Thames, the UK's largest supplier, which is scrambling to agree a fresh rescue plan.
Source: dailymail.co.uk
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Water giants drowning in a sea of debt borrowing even more than we thought!
The sheer amount of borrowing already threatens to engulf Thames Water, the UK's largest supplier, which is scrambling to agree a fresh rescue plan.
Source: thisismoney.co.uk
Thames Water set to collapse as UK's rivers and seas flooded with sewage by private operators
The company’s finances are almost as much of a mess as the waters it has been relentlessly polluting for years. Since 2020, the company has pumped at least 72 billion litres of sewage into the River Thames that runs through London, equating to 29,000 Olympic swimming pools.
Source: wsws.org
Thames Water funding crisis: the key players in the row over its future
In latest twist to finger-pointing standoff, debt-stricken supplier’s parent company has defaulted on loan
Source: theguardian.com
Why Britain could face another hosepipe ban – despite constant rain
For Kate Flounders, an allotment holder whose broccoli and corn have been all but ruined by constant rain in Hartlepool over the winter, the prospect of another hosepipe ban is simply a “kick in the teeth”.
Source: yahoo.com