Thames Water Looks Likely To Go Insolvent And It Will Affect Many Pension Companies Even in Scotland

16th December 2023

Richard Murphy yesterday published a breakdown of what might happen when Thames Water reaches the end of the road financially in 2024. It has been long predicted as interest rates have risen on their huge debts. It has exposed the folly of privatising the water industry in England. What might have seemed like safe bet once is turning into a financial disaster. The ramifications will affect us all one way or another.

Well worth a read as it exposes the position some other companies may be in and the knock on affects are not good.

Read the full article HERE