Published
One of the first acts of the new Labour government may well be taking Thames Water into public ownership. The company, which serves around 16 million customers in south east England, says it has less than a year before its money runs out.
(Subscribe: https://bit.ly/C4_News_Subscribe)
It’s not the only water company facing financial pressure, but with its spiralling debt at a whopping £15 billion - the firm has so far been unable to find emergency investment.
-----------------------
Follow us:
Facebook - https://www.facebook.com/Channel4News/
Twitter - https://twitter.com/Channel4News
TikTok - https://www.tiktok.com/@c4news
Instagram - https://www.instagram.com/channel4news/
(Subscribe: https://bit.ly/C4_News_Subscribe)
It’s not the only water company facing financial pressure, but with its spiralling debt at a whopping £15 billion - the firm has so far been unable to find emergency investment.
-----------------------
Follow us:
Facebook - https://www.facebook.com/Channel4News/
Twitter - https://twitter.com/Channel4News
TikTok - https://www.tiktok.com/@c4news
Instagram - https://www.instagram.com/channel4news/
- Category
- Journals
- Tags
- Labour, labour government, politics
Sign in or sign up to post comments.
Be the first to comment
Up Next
Autoplay
-
03:11
Government is facing pressure over Christmas coronavirus rules
-
02:09
Supporting Local Firms: Financial institutions urged to enhance business credit accessibility
-
02:01
B.C. facing pressure to abandon drug decriminalization program
-
07:16
Western firms lament rising pressure in Hungary | DW Business
-
03:25
Is the UK facing a financial crisis?
-
02:02
'We followed the Constitution': Raffensperger on facing Trump pressure
-
05:43
Biden facing mounting pressure to stop surge at border
-
02:37
Financial pressure mounts on local councils
-
02:54
Water firms face bigger fines for sewage discharges
-
03:57
Six in ten UK firms facing post-Brexit disruption
-
03:03
Financial sector clean-up: We wrote to the affected firms before the revocation - Paul Ababio
-
00:52
Water firms want you to pay to stop sewage spills
-
06:13
On the road with the Welsh Ambulance Service facing intense pressure,
-
02:02
Canadians are facing "financial storm," and experts say it's time to plan ahead
-
01:43
Pressure mounts on banks to cut lending to firms operating in sector - The Market Place (4-11-21)
-
05:24
Judge Merchan facing mounting pressure to jail Trump
-
03:42
Israel facing mounting pressure over its conduct of the war in Gaza | DW News
-
05:33
Sewage dumping water firms face unlimited fines
-
01:47
Flood Aftermath | KPK Govt facing severe financial crisis
-
05:29
Financial Clearance: Non-availability of financial clearance puts pressure on St Monica's staff
-
08:09
Why Americans Are Facing New Financial Realities | WSJ
-
02:16
Airlines facing financial turbulence with strikes, staff shortage
Loading...