Debt-laden company agrees with Ofwat that review of bill rises can be delayed as it seeks buyer

Thames Water has said it hopes to agree a deal with one of six bidders by the end of June and has secured a delay to a review of its bill increases to smooth the rescue process.

The UK’s biggest water company said negotiations were continuing and it wanted to complete the transaction by the end of September.

Continue reading…Thames Water, Utilities, Business, Competition and Markets Authority, UK news, Water bills, MoneyRead More

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