Thames Water's creditors fight for control of Britain's largest water utility, not to save the company, but to decide who gets the payouts.

On the surface, it looks like Britain’s biggest water company, Thames Water, is being rescued. Behind closed doors, in boardrooms, legal chambers, and government briefings, it is being carved up. The issue is not water, pipes or pumps. The issue is money, control, and who gets paid first. Thames Water is not being saved. It […]

By Philip Greenwood

From Canary via This RSS Feed.