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Daily Mirror
Daily Mirror
Business
Graham Hiscott

Water firms face staggering £60 BILLION debts amid Thames Water collapse threat

Water firms are lumbered with more than £60billion of debt - at least half of it exposed to soaring inflation.

Those figures, published by industry regulator Ofwat, date from March 2022.

Since then, inflation has risen even higher, potentially driving firms’ interest bills skyward.

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