Creditors of Thames Water are reportedly preparing to write off approximately £6 billion of its debt as the American private equity firm KKR advances its bid to take control of
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British households are bracing for a substantial increase in their water bills following the water regulator Ofwat’s latest pricing determination. The decision, which permits a 36 percent average rise by
Major creditors of Thames Water have issued a firm directive to Britain’s water regulator, stating that a proposed £3bn emergency loan cannot be used to settle outstanding fines. The UK’s
