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The Guardian

Thames Water lobbied Whitehall to press Ofwat on allowing higher bills

The Guardian on



Exclusive: Debt-ridden company also warned officials of ‘chilling effect’ renationalisation would haveThames Water has lobbied the government to intervene with the regulator to allow it to charge far higher bills, the Guardian can reveal.Advisers and board members of the beleaguered water company are understood to have met Whitehall officials in recent weeks to warn that allowing it to be temporarily renationalised would have a “chilling effect” on the entire UK’s appeal to international investors, sources familiar with the discussions told the Guardian. Continue reading…



Source link : https://www.theguardian.com/business/article/2024/aug/30/thames-water-ofwat-higher-bills-lobbying

Author : Anna Isaac

Publish date : 2024-08-30 14:46:00

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Tags : The Guardian

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