Thames Water Nationalization Risk Remains, UK Regulator Says bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
A UK water regulator told parliament it was “absolutely prudent” to prepare for the failure of Thames Water Ltd. as questions surrounding it’s financial resilience remain.
Shareholders in Thames Water are coming under increasing pressure to invest yet more money in the business following a crackdown on water companies’ finances by regulator Ofwat.The directors of Kemble
As Thames Water Utilities Ltd. came under fire this month for its financial mismanagement and poor environmental record, the debacle highlights institutional investors’ responsibilities around due diligence and risk management. “Thames Water should act as a kind of warning,” says Andrew Clare, a professor and chair in asset management at the City, University of London’s […]