Thames Water is facing a significant debt crisis, leading to a potential multibillion-pound rescue plan funded by taxpayer money. The company's AMP8 plan indicates a 61 per cent increase in the typical bill by 2030, rising to £735 a year. This financial turmoil has prompted authorities to consider a bailout, as the debt crisis threatens to impose a substantial burden on taxpayers. Additionally, the company has been called to address flooding issues in Chalfont St Peter, highlighting operational challenges alongside its financial woes.
Thames Water called to act over Chalfont St Peter flooding https://t.co/iparpYIZPe
New Jersey lawmakers urge regulators to reject gas hike If regulators approve the plan, the monthly bill for the typical residential heating customer using 81 therms would rise by 23.6%, from $122.84 to $151.85, according to the company. Read more ⬇️ https://t.co/4YElSu8gxa
Authorities are reportedly drawing up a multibillion plan to rescue Thames Water from its debt crisis with taxpayer money https://t.co/0QkirMtxop
EXCLUSIVE: Thames Water debt crisis threatens taxpayer with multibillion-pound bill https://t.co/Lh6WGVMPiu
💧 Thames Water debt crisis threatens taxpayer with multibillion-pound bill https://t.co/WnvotTCGxq
“Thames Water’s AMP8 plan shows the typical bill rising 61 per cent by 2030, to £735 a year.” 🖊️ @willydunn https://t.co/esDRHDTOEj