Can troubled Thames Water avoid collapse?

The boat race crews were given safety advice to avoid swallowing water splashed up from the Thames. The amber alert is at Thames Water itself, which is ring-fenced, regulated, £14.7bn in debt and 100%-owned by parent company Kemble. Could lenders to Thames Water agree to lower debt repayments? Thames Water boss says bills need to rise by 40%. Companies. Thames Water boss says bills need to rise by 40%. The regulator, whose approval is needed for any price rises, has pushed back on substantial bill increases.

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