Thames Water working to secure cash as Government draws up nationalisation plan
It's being reported that ministers are drawing up contingency plans for the company's collapse Debt-laden utility giant Thames Water has said it is working with shareholders to secure the cash it needs after reports that ministers are drawing up contingency plans for its collapse. The company, which serves 15 million households, said on Wednesday that it needs “further equity funding” on top of the half-billion pounds it raised just three months ago. It comes as Thames Water tries to fendRead More