Tesco will pay £300 into thousands of people's accounts as a 'thank you'. Thames Water faces challenges as shareholders back away from supporting the group due to the regulator's demands to reduce debt and make structural changes. Thames Water offers a £30 goodwill payment to 26,000 customers in Surrey after a major outage last year.
Thames Water shareholders backed away from supporting the group after the regulator demanded they slash the company’s debt pile and make other structural changes they calculated would require them to stump up £8bn+. Story w/ @gillplimmer1 👇🏻 https://t.co/ZbL26W575U
Thames Water has offered a £30 goodwill payment to about 26,000 customers in Surrey after a major outage last year. Tap below to read more: https://t.co/pmkD4R9pWR
Thames Water shareholders backed away over regulator’s debt demands https://t.co/ecv6XqBFwh
"This is a big test of UK capitalism. Get Thames Water right and the case for private ownership of utilities will be enhanced. Any attempt to bail out private investors for their own mistakes with customers’ money will create an even greater stink" https://t.co/ft6l2lu2Xq
Spot on. Imho Kemble should be allowed to fail, and the shareholders should not be bailed out. Their attempt to hold Ofwat to ransom is unacceptable. They should be told to contribute more money. If they won't, Thames Water should go into special administration. https://t.co/rgAjVyld95
The great stink of Thames Water https://t.co/UWPf7nSKAU | opinion
Tesco will pay £300 into thousands of people's accounts as 'thank you' https://t.co/fN0wQaSBd1