In what must surely be the slowest-motion financial car crash in history, the crunch is finally here for Thames Water. In a move reminiscent of the famous scene in Blazing Saddles, the company’s management has effectively told its regulator to back off, or they will collapse the business.
Time to pull the plug on Thames Water
In what must surely be the slowest-motion financial car crash in history, the crunch is finally here for Thames Water. In a move reminiscent of the famous scene in Blazing Saddles, the company’s management has effectively told its regulator to back off, or they will collapse the business.