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The UK’s largest water and sewage supplier Thames Water is in trouble. A huge hole in its finances is threatening to drive the company to temporary nationalization, potentially creating a big problem for current or future governments. Here’s an explainer of how Thames Water came to be in this position, what could happen if the company collapses and what it all means for customers.

Read more: https://www.bloomberg.com/news..../articles/2024-04-11

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