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The Independent UK
The Independent UK
Business
Holly Williams

Thames Water admits it has enough money to survive until the end of year amid £20bn debts

Troubled Thames Water said it has enough funding until October despite its debt mountain ballooning close to £20 billion.

The UK’s biggest water supplier, serving 16 million customers across London and the South East, reported pre-tax profits of £226.4 million for the year to March 31, a marked improvement from last year’s £1.65 billion loss.

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