Thames Water, which leaks more water than every other water company in the UK – comparable to as a lot as 250 Olympic-sized swimming swimming pools daily – is now in hazard of business crumple.
Its chief executive resigned all straight away on Tuesday and the UK govt talked about it used to be ready to behave in the worse case scenario that Thames Water does whisk below.
So what has long gone downhearted with the company that affords water to a quarter of the UK’s inhabitants?
And what does this stammer us in regards to the privatisation of the English and Welsh water sector that took space over three a protracted time up to now?
Newsnight’s Economics Editor Ben Chu explains.
Please subscribe HERE bit.ly/1rbfUog