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BBCNEWS World July 5, 2024

editor faisal islam. this is clearly a mess but the expectation in financial circles is that shareholders will provide the funds to keep thames water going. but the question is how did this come about in an industry that should be so simple, providing a product that everybody needs, and provided the monopolies of several million customers with no competition. and the answer is in hugely complicated structures, huge debts, and lots of regulation. the boss of thames water, sarah bentley, abruptly stood down on tuesday. she was battling to turn around the company after a legacy of under investment. let s discuss what s at stake with dr kate bayliss from the centre for water and development at soas university in london. thank you for being on the programme. faisal islam there talking and touching on some of theissues talking and touching on some of the issues why thames water is where it is. can you elaborate on that, please? on that, please? yes, well, thames on that, p ....

Sally Bundock , Business Stories , Thames Water , Contingency Plans , State Control , Faisal Islam , Sewage Pollution , Sewage Networks , Water Leaks , Sarah Bentley , Kate Bayliss , Soas University , In London , Theissues Talking , Water Companies , Water System , Debt Levels , Didn T , Privatisation Hasn T , Isn T , Money Advertising , Spending Money , Infrastructure Stop , Water Services , Very Briefl , Sowers University ,

BBCNEWS World Business Report June 4, 2024 04:32:00

Programme. faisal islam there talking and touching on some of theissues talking and touching on some of the issues why thames water is where it is. can you elaborate on that, please? on that, please? yes, well, thames on that, please? yes, well, thames water, on that, please? yes, well, thames water, like - on that, please? yes, well, thames water, like quite i on that, please? yes, well, thames water, like quite a| on that, please? yes, well, - thames water, like quite a few other water companies, the water companies were privatised in 1989, but in the 2000 s a few companies were taken over by financial investors and tems was one of the key examples of this and during that time they build up huge debts at the same time as taking our dividends. and obviously this debt mounted and should not have been allowed to build up, but part of it is down to the regulatory framework which sees the water system as a market and the regulator explicitly didn t intervene in debt levels, in divide ....

Thames Water , Faisal Islam , Theissues Talking , Water Companies , Water System , Debt Levels , Didn T ,