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Transcripts For BBCNEWS BBC 20240705

on today s big stories. plus, a first look at tomorrow s front pages. good evening. the biggest supplier of water in the uk thames water, with 15 million customers is on the brink of collapse with debts running into billions of pounds. the company is in talks to secure extra funding and the government says it is ready to act whatever happens. thames water, which was privatised back in 1989, is currently owned by a group of private equity and investment funds. the firm has been repeatedly criticised for its poor performance in dealing with water leaks and sewage pollution. its chief executive resigned abruptly yesterday. the state of the uk s water and sewage networks has become a big political issue, with some experts accusing the privatised suppliers of prioritising dividends for shareholders over investment. our economics editor faisal islam has the latest. the british water industry has bobbed along in a stream of profits and easy money since privatisation 30 years ago

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