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The Guardian - UK
The Guardian - UK
World
Nimo Omer

Friday briefing: What the crisis at Thames Water means for customers

Thames Water employees repairing a burst pipe in Reading Town Centre in Berkshire.
Thames Water employees repairing a burst pipe in Reading Town Centre in Berkshire. Photograph: Maureen McLean/Rex/Shutterstock

Good morning.

Thames Water’s financial problems have finally come to a head, after Ofwat, the national water regulator, made the unprecedented decision yesterday to put the debt-laden company into special measures. Earlier this week the regional monopoly said it was going to run out of funds by June 2025 after it failed to secure fresh funding from existing shareholders.

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