The government must take Thames Water into special administration and KEEP it in public ownership. Thames Water is collapsing because it has racked up £14 billion of debt. The largest stake in Thames Water is owned by a Canadian pension fund. Cathryn Ross, the interim co-CEO of Thames Water previously worked at Ofwat. Publicly owned Scottish Water has spent £72 more per household per year (35% more) than the English water companies.

Source: The Guardian June 29, 2023 23:27 UTC