Thames Water owes hundreds of millions of pounds in debt, and the UK government is concerned about its potential collapse. Helena Horton reportsThames Water, the UK’s biggest water company, which services 16 million people across the south of England, is facing criticism over its management.Kemble, the parent company of Thames Water, told its creditors last week that it had defaulted on its debt. Amid fears that the company will collapse, the government is considering options for next steps.... Read this story
