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Britain's biggest water company Thames Water in £15bn of debt

28/03/24
Sky News

Sky's City Editor Mark Kleinman explains the financial crisis at Britain's biggest water company, Thames Water. It has emerged that Thames Water shareholders could not commit to their £500m investment into the company due to their doubt about an acceptable return. The crisis could be a major political liability for the government as it would need to find the money from investors or they could potentially nationalise it. Read more: https://news.sky.com/story/thames-water-shareholders-blame-ofwat-as-they-pull-funding-13103112 #skynews #thameswater #uk SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales

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