Saturday, July 11
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Topic: water

A waterworks building beside a reservoir in England
New Economy
Saturday, 7/11, 04:37 AM

UK Plans Legally Binding Debt Limits for Water Companies

  • The UK government plans to impose legally binding limits on how much debt England's water companies can carry, an attempt to stop a repeat of Thames Water's near-collapse under roughly 20 billion pounds of borrowing.
  • It is part of a wider overhaul of a privatised sector criticized for paying dividends and piling on debt while sewage spilled into rivers.

water — news and stories on this topic

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