Thames Water Faces Critical Deadline to Secure Survival Plan Approval from Ofwat
Sunday, 14 April 2024, 14:59
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Thames Water's Deadline with Ofwat
Thames Water has only six weeks to convince its regulator, Ofwat, of its survival plan, despite having funds to last around 15 months.
Insolvency Concerns
Thames Water is under pressure to strike a deal with Ofwat to avoid insolvency.
Swift Action Required
Investors are anxious for the company to act fast to secure its future.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.