Thames Water Faces £187M Revenue Cut
Update: 2025-12-10
Description
Thames Water, the UKs largest water provider, faces a significant revenue cut of £187 million, adding to its £17.6 billion debt. This cut is part of a £309 million sector-wide reduction, with Thames Waters being the largest. The change will impact the company until 2030, as Ofwat believes water firms will perform better than expected. This revision is seen as positive for customers, but it raises questions about Thames Waters future, including potential nationalization.
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