💨 Abstract

Thames Water's future is uncertain after investor KKR withdrew from a planned £3 billion investment. The water firm, serving 16 million customers, is in talks with creditors and regulator Ofwat to stabilize finances amid £19 billion in debt. The company was previously fined £122.7 million for regulatory breaches but says it remains stable. Meanwhile, millions of households could qualify for water bill discounts.

Courtesy: www.thesun.co.uk