Reported about 1 month ago
The UK government is convening a meeting next week with major investors in the water industry to address the financial struggles of Thames Water, the country's largest provider. Environment Secretary Steve Reed aims to discuss investment guarantees necessary for revitalizing the UK's water infrastructure, as the company faces a pressing need for £3.3 billion in equity. The meeting is part of broader efforts to secure £88 billion in private investment and implement substantial reforms in water and sewage services, especially in light of leaks and sewage spills affecting the sector.
Source: YAHOO