Bills are never popular. They're especially unwelcome when it comes to paying for something that falls from the sky. Unfortunately, as Britain's water systems struggle under financial mismanagement and the pressures of climate change, higher water costs are something consumers are all going to have to swallow.
The plight of Thames Water Ltd., serving 15 million captive consumers in London and southeast England, has brought this issue to the fore. On the hook for just shy of £14 billion (630 billion baht), there are fears it could go bust if it doesn't secure additional investment to service its debts. It's not alone: Questionable financial resilience seems to be a key theme across most of the UK's water companies.
