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Evening Standard
Evening Standard
Business
Anna Wise

South East Water raises doubts over future survival without fresh financing

South East Water Ofwat
South East Water has warned that it needs to secure fresh financing to stay afloat (Gareth Fuller/PA) - (PA Archive)

South East Water has warned that it needs to secure fresh financing to stay afloat after taking a £55 million hit from outages over the winter.

The water supplier to around 2.3 million customers in the south east of England said it was in discussions with lenders to agree a new loan facility.

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