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...Some bondholders could lose up to 40 per cent of their money under the plans in the government’s central scenario although others could incur a loss of about 5 per cent....
...The utility has suffered a number of recent failures....
...Regarding your editorial “The cautionary tale of Thames Water” (FT View, April 1), there is an opportunity here for the government and the Conservative party to actually do something positive for the country...
...If nothing else, it’d be a welcome example of a utility owner cleaning up its own mess....
...Thames Water, the UK’s biggest water company, provides water and sewage services to 16mn people, or around 25 per cent of the population....
...In most of the world, he believes that political control of utilities leads to chronic under-investment....
...Scotland and Northern Ireland remain in the state sector, and David Hall, visiting professor at the University of Greenwich, says globally about 90 per cent of water and sewage services are publicly owned...
...Russia accounted for about 12 per cent of US imports and 17 per cent of EU imports in the same year, according to US and EU government agencies....
...US-backed private funds have for much of the past decade been among the most active investors in China’s burgeoning consumer and internet sectors, as the likes of Sequoia Capital and Silver Lake financed...
...The utility showed “complacency” and a “lack of understanding” of its own water supply system before the drought....
...The utility is also being investigated by Ofwat over the accuracy of information it provides on leakage and water consumption....
...Ahead of pivotal elections in May, the government says the power cuts — which occurred on a record 280 days last year — will be over by the end of the year....
...the Federal Deposit Insurance Corporation has warned....
...Brexit has already taken some of the shine off the City of London. And the Tories also raised the corporation tax rate from 19 per cent to 25 per cent, though it is still lower than some peer nations....
...But, even with massive US government funding and permitting (a big “if”), the timeline is long....
...The USS said last week that it views its stake in the water utility as a “long-term investment” and that it has “shown willingness to commit more [funds] in the future”....
...its $73mn of initial funding, citing strategic differences with the Democratic Republic of Congo government....
...ever-expanding needs from public services to defence....
...Service of New Hampshire (PSNH)....
...Retail sales of electricity will total nearly 4bn kilowatt-hours this year, a record, the government’s energy analysis agency forecast this week....
...pandemic but also the ease of debt service when tax revenues fuelled by economic growth exceeded low government financing costs....
...Some of the harshest criticism in recent years following the 2016 Brexit referendum has come from the ruling Conservatives, with the government of Boris Johnson especially vocal in questioning the corporation...
...Spain is not the only country to view desalination as a potential solution to water shortages....
...“We cannot ever be simply an instrument of government. We are not a government body — we are corporation through charter . . ....
...The company, which supplies water and sewage services to about a quarter of England’s population, is lobbying the government and industry regulator Ofwat to let it increase bills and pay dividends as it...
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