Friday, July 17
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Topic: ofwat

Water running from a tap
Economy
Friday, 7/17, 04:32 PM

South East Water Warns It May Not Survive Without Fresh Loans

  • South East Water, which supplies drinking water to about 2.4 million people in south-east England, has warned it may not be able to keep going without new borrowing, issuing a 'going concern' doubt in its accounts.
  • It is the latest sign of financial distress in England's heavily indebted, privatized water industry.

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