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Thames Water Secures Payment Plan Amid Financial Uncertainty
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Thames WaterFinancial Markets
Updated 2 days ago

Thames Water Secures Payment Plan Amid Financial Uncertainty

Thames Water has reached a payment agreement with regulators for a record £123 million in fines as it struggles to secure funding and avoid nationalisation. The company, which serves 16 million customers in London and the south-east, is facing significant financial challenges, with contingency plans being prepared in case of bankruptcy.

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Thames Water agrees payment plan for £123m sewage and dividend fines
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Thames Water has reached a payment agreement with Ofwat for £123 million in fines as it seeks funding to prevent nationalisation. The company serves 16 million customers in London and the south-east and is working to avoid financial collapse.
Thames Water agrees payment plan for record £122.7m fine
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Thames Water has agreed to a payment plan for a record fine of £122.7 million. FTI Consulting is preparing contingency plans in case the company goes bankrupt.
Thames Water agrees £122m fine payment plan - as future hangs in balance
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Thames Water has reached a payment plan with regulators to address a record fine, which could worsen its financial situation.
Editor’s Note: This agreement is crucial for Thames Water as it navigates significant financial challenges. The outcome of this payment plan could impact the company's future operations and stability.

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