Thames Water's Debt Crisis Is Just The Beginning

Thames Water’s travails have taken the media spotlight in recent days, and deservedly so, with growing fears the country’s largest supplier could be on the verge of collapse. Shareholders injected £500m into the company in March, and committed to a further £1bn in funding before discussions later faltered – with chief executive Sarah Bentley abruptly stepping down last week, and the supplier bringing in crisis manager Sir Adrian Montague as its new chairman. It recognises the suppliers ”significant issues to…