Thames Water: the business model built on sh*t
The Story
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The Financial Evolution of Thames Water
Exploring Thames Water's transition from public to private entities, the chapter delves into the history, motivations behind privatisation, debt issues, and impacts on bills and debt levels. It highlights concerns over foreign ownership of critical infrastructure and the complex financial structure of Thames Water, including the role of Kimball Water. The discussion also covers management turnover and the necessity for bill increases to fund essential investments.
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