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editor faisal islam. this is clearly a mess but the expectation in financial circles is that shareholders will provide the funds to keep thames water going. but the question is how did this come about in an industry that should be so simple, providing a product that everybody needs, and provided the monopolies of several million customers with no competition. and the answer is in hugely complicated structures, huge debts, and lots of regulation. the boss of thames water, sarah bentley, abruptly stood down on tuesday. she was battling to turn around the company after a legacy of under investment. let s discuss what s at stake with dr kate bayliss from the centre for water and development at soas university in london. thank you for being on the programme. faisal islam there talking and touching on some of theissues talking and touching on some of the issues why thames water is where it is. can you elaborate on that, please? on that, please? yes, well, thames on that, please?
InvestorsThamesSally-bundockBusiness-storiesCollapseThames-waterHouseholdsFundingTalksBrinkBritishFour let s get down to business. as promised, we have more for you on the nato summit that will be getting under way in a few hours time. where, as you ve been hearing, finland and sweden have joined the alliance after turkey dropped its opposition against their membership. so, two of the hot topics at the summit are deciding whether russia or china is the biggest threat to world stability currently, and how to share the combined costs of defence security. members are expected to meet the nato target of spending 2% of gross domestic product on defence. the uk presently spends 2.1% of its gdp on security, but there have been calls for an increase after russia s invasion of ukraine. michael rowe is vice president of aerospace and defence at frost & sullivan. good morning to you, michael. first of all, finland, sweden joining nato. what does that mean in money terms? good morning- mean in money terms? good morning. when mean in money terms? good morning. when you - mean in money
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