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Evening Standard
Evening Standard
Business
Holly Williams

Thames Water boss seeks urgent clarity from new PM as funding set to dry up

(Michael Heath/Alamy/PA) -

The boss of Thames Water has called for urgent clarity from prime minister-in-waiting Andy Burnham over his plans for the sector as he insisted the stricken utility could run out of cash within months unless a funding deal is struck.

Chief executive Chris Weston told the Press Association Thames Water has enough funding until October and is relying on creditors for support as they battle to secure a rescue takeover to stave off temporary nationalisation of the debt-laden supplier.

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