Thames Water: Will government save water company from collapse?

According to the authorities, they are actively taking measures to safeguard the interests of Thames Water consumers amidst speculations of the company's financial crisis. Despite currently having a debt of £14bn, the government assures that necessary actions are being taken to prevent any negative consequences for the customers.

The corporation - the largest water provider in the United Kingdom - is seeking to generate capital from financiers.

At the same time, the Chancellor was holding discussions with regulators from different sectors, such as water, in order to explore potential solutions for reducing prices.