![Thames Water: Government must deploy the life raft](/sites/default/files/styles/teaser_image_max715/public/2024-07/18.07.2024%20Blog_Teaser_1.jpg.webp?itok=H50I7iak)
Thames Water: Government must deploy the life raft
Back in April we looked in detail at the challenges and potential outcomes facing Thames Water, the debt-laden UK utility company battling to avoid government intervention. On the back of a lacklustre set of financial results and being placed into a “turnaround oversight regime” by the regulator Ofwat, Thames Water’s situation took a further turn for the worse last week.