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The Guardian - UK
The Guardian - UK
World
Nimo Omer

Friday briefing: Could Thames Water’s cautionary tale end the UK’s love affair with privatisation?

Signage for Thames Water at a repair site in London
A damaged signage for British utility company Thames Water at a repair site in London, Britain, 28 June 2023. Photograph: Toby Melville/Reuters

Good morning.

For the last few years, the water industry has faced growing criticism over everything from increasingly common hosepipe bans to dumping sewage in England’s waterways. Thames Water is the biggest water company in the UK and it is facing a particularly acute crisis after its chief executive, Sarah Bentley, suddenly resigned with no explanation and reports began appearing that the government and regulators had started to draft contingency plans for the potential collapse of the water provider after concerns grew about its ballooning £14bn debt pile.

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