Thames Water secures funding until year's end amid rising £18.5 billion debt
Thames Water announced it has enough funding to last until the year's end, despite its net debt rising to £18.5 billion. The company's chief executive, Chris Weston, emphasized progress in improving performance and addressing infrastructure needs. However, recent government opposition to a £10 billion rescue has put the firm closer to potential nationalization.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 15 Jul 2026, 08:05 UTC · Updated 15 Jul 2026, 08:20 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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