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flow “Thames Water Takes Precautionary Measures for Debt Management Amid Cash Flow Concerns”

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July 9, 2024
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Thames Water, the country’s largest water company, has issued a warning that its cash reserves are on track to run out by May 2022. The company’s financial struggles are due to a lack of new investment, which has forced it to prepare a plan for its lenders. According to the company’s annual results statement, Thames Water had £2.4 billion in liquidity at the end of March. However, by the end of…

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