The Story
The Sunday Edition: Thames Water - the business model built on sh*t
Feb 2, 2025
Dominic O’Connell, Business Presenter for Times Radio, dives deep into Thames Water's financial turmoil. He discusses the staggering £16 billion debt and the public frustration over sewage mismanagement. O’Connell highlights the tension between shareholder dividends and environmental responsibilities. The conversation touches on the company's leadership challenges and the implications of potential government intervention. Listeners also hear about the community's growing concerns for water quality and the need for better infrastructure amid ongoing restructuring efforts.
30:23
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Quick takeaways
- Thames Water's substantial debt crisis, exceeding £15 billion, has raised significant concerns among regulators and stakeholders regarding its financial management and accountability.
- Ongoing public dissatisfaction with service quality and sewage discharges highlights the urgent need for reform and potential government intervention in the water industry.
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