Thames water should continue to borrow and continue


Open Editor

The US factory factory is said to request that “if you owed a $ 100, it is your own problem.

The watermemes have a lot of things. Works nearly in quarters of British people and has 32,000km of Mains and 109 years of crawl water but it is 36 years after 36 years. The waste water, rising cases and lender attempts to schedule the worst adjustments while the company is fighting its director made in investment plans.

As the judge wrote last month that showed one bored chaplaa, thames of Thames and paying 8mmn of 800mm interest rate costs. No borrower hair is good enough to be able to feel better about working and abuse leading off on this page.

But where we are, we are also healthy, however, and few ways to continue working and recycle.

One is that the government internstaches and does not take into account. Second is that believers adjourn and agree to new owners. They may be unmarked themselves, through sub-subity suby and new investment.

The third way is the appointment of a special ruler to drive soft water and somewhat. This is supported by comments including Chanliie Maynard, Democral Democral MP, and you have Travel Attractions in terms of the clearer and independence of lenders. But the emperor could not print money: The company needs to be repeated.

The question may soon beat. While Mr of Kochech Lech approved The proposed re-lecture plan is top lecturers, his / her control may be defended by the Court of Appeal month. If so, the company may fall into the directory after it is finally running out of money. May require an emergency loan from the government to turn it off.

The government doesn't want Managing Thames Thames and take the burden of ownership, as other work MPs will choose. It may reduce some of the high cost of making the application guided by private lenders but will refer the risk of financial in taxpayers. Other pressures in social budget, including security, has been involved.

With the joy of government, there are still others given, except all financial and public stake. Both CK's CK's CT Kong's benefits and the private group of the KKK is made Previous bids taking more than the goods if their debt is adjusted. I hope you come from the financial market and there is a total value of everything.

This “English solution” is popular with ownership of the Thames water, owners of Moley ofutters sell benefits and hedgers. If about 6bn can fly in its debt and the trail, a ship can ship under new ownership and investment flag. The judge agreed to allow them to try, after they were guaranteed to cover the money cost.

Righteousness commands that lenders have to suffer to demonstrate that lending return. The judge recognizes the trial to block, where more than half of £ 1.5bn on a new loan “go to the circle and return to the pockets of” lenders. The fact that the company's management supports this is not.

But there is justice for the fact that water owners, including Chinese and Abu Dhabi Hing Furnerage Furnerage Furneys, and possible the termination. There is also paying, also, in the intemotisous of borrowing hair, even one can leave them with control. The director will have to cross a particular kind of dealing with them.

The gettingty's dictum fails to water sleeves because, because it is the problem of lenders, the borrower should be able to travel. I have to turn only my pumps or to the toilet to show why the public property is not working. Should not work without interruption but raising a new debt in the future: The UK sector plans £ 108bn In the next five years.

Margaret tocher should think about when the sector is predetermined in 1989, but it took all the Deections to make it clear. In short of receiving social ownership, there is no option for the water waterfall but to keep borrowing and continue.

John.gapper@fts.com



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