Thames Water shareholders refuse to inject more cash unless bills rise
Investors are refusing to provide an expected first £500m by the end of this month.
BBC News
Thames Water Utilities Ltd, known as Thames Water, is a large private utility company responsible for the water supply and waste water treatment in most of Greater London, Luton, the Thames Valley, Surrey, Gloucestershire, north Wiltshire, far west Kent, and some other parts of England; like other water companies, it has a monopoly in the regions it serves.
Investors are refusing to provide an expected first £500m by the end of this month.
Shareholders in troubled Thames Water have blamed Ofwat for not giving the "regulatory support" needed to help the company's..