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Thames Water shareholders blame Ofwat as they pull funding

Sky News Thursday, 28 March 2024
Shareholders in troubled Thames Water have blamed Ofwat for not giving the "regulatory support" needed to help the company's turnaround plan.
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News video: Chancellor: Treasury will monitor Thames Water carefully

Chancellor: Treasury will monitor Thames Water carefully 00:29

Chancellor Jeremy Hunt says the Treasury will monitor Thames Water's situation "very carefully" but believes the company is “still solvent” despite reports of shareholders withdrawing investment money. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter...

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TV presenter and environmental campaigner Chris Packham says OFWAT is in “dereliction of duty” and calls on the government to “reform that regulator”. Mr Packham joins a range of groups including River Action and Greenpeace who march through central London to demand tougher action to keep the UK’s water ways clean. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:12Published

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