#ThamesWater breaches licence as part of its debt downgraded to junk
Move by ratings company #Moody’s puts Thames in breach its operating licence but #Ofwat likely to hold off on large fine
https://www.theguardian.com/business/article/2024/jul/24/thames-water-breaches-licence-part-of-debt-downgraded-to-junk
#RenationalisationWithoutCompensation #ThatchersLegacy