The Latest Breaking News from Thames Water

Australian investment bank funds troubled UK utility’s overhaul of pipes and sewage works

Claims of under-reporting pollution incidents and overcharging customers will result in legal action against six English water corporations

Debt-laden company has faced questions over financial stability and ability to raise funds

Water chief also says ‘progressive charging system’ should be considered

Rishi Sunak is attending the Nato summit but will fly back to host Tory MPs at No 10 later

Watch as a parliamentary committee quizzes water industry bosses as concerns mount over the financial viability of Britain’s water suppliers.

River Action chief executive James Wallace made his comments at a Greater London Authority hearing about Thames Water.

LONDON: Britain's biggest water supplier staving off renationalisation, trains derailed by strikes and consumers suffering huge energy bills — the nation's vital sectors are mired in chaos decades after their controversial privatisation.

Bills are never popular. They're especially unwelcome when it comes to paying for something that falls from the sky. Unfortunately, as Britain's water systems struggle under financial mismanagement and the pressures of climate change, higher water costs are something consumers are all going to have to swallow.