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pressure as well. the main problem is that the company has nearly £14 billion of debt, so it has a substantial interest bill to pay every year. that interest bill is currently going up because interest rates are going up. some interest rate payments are related to inflation, which is very high. at the same time, it s having to spend over £1 billion a year in infrastructure, water mains, stopping leakage and there s a regulatory review coming up in a few years which may mean it will have to invest even more. thames water needs to raise money from somewhere but if it can t get it, the government is looking at options. we need to make sure thames water as an entity survives. there s a lot of work the government is doing on resolving sewage. up until now, the regulator has been focused on keeping consumer bills down but there is a lot of infrastructure work that needs to take place and we need that entity to survive. in a statement, thames water says it s working construc ....
And sewage infrastructure to be fit for purpose. but whatever happens, thames water will continue to flow to customers. in the longer term, though, higher bills for all consumers is in the works. emma simpson, bbc news. live now tojustin urquhart stewart, co founder of the online investment environment regionally. justin, welcome, how perilous is set stomach of the situation for thames water? . ., , stomach of the situation for thames water? , , , stomach of the situation for thames water? . ., , , ., water? the company itself will have to no water? the company itself will have to go through water? the company itself will have to go through a water? the company itself will have to go through a major water? the company itself will have to go through a major change, - water? the company itself will have to go through a major change, it - to go through a major change, it doesn t mean as consumers we lose all our sewer and water management, that ll still carry on. by the company its ....
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