UK Ministers Plan Legally Binding Debt Targets for Water Companies

water companies debt targets Thames Water

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UK ministers are developing plans for legally binding debt targets for water companies to prevent failures like Thames Water.
Environment Secretary Emma Reynolds is proposing measures to cap company debt, with potential legal penalties for non-compliance.
This initiative coincides with proposals to bring water services under public control.

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UK ministers are developing plans for legally binding debt targets for water companies to prevent failures like Thames Water. Environment Secretary Emma Reynolds is proposing measures to cap company debt, with potential legal penalties for non-compliance. This initiative coincides with proposals to bring water services under public control.

Read the full article on Guardian UK

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water companies

Temasdebt targets Thames Water Emma Reynolds Andy Burnham Ofwat public control

This article was originally published by Guardian UK.

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