Thames Water debt pile rises further despite return to profit
Cash-strapped Thames Water has revealed a further rise in its debt pile while recording a return to profit on the back of inflation-busting hikes to bills.
Pimco, the giant bond fund manager, has offloaded hundreds of millions of pounds of Thames Water debt as the crisis-hit utility limps towards a private sector rescue deal aimed at averting the threat...
Angela Rayner's return to frontline politics began in earnest this week as the former deputy leader set out the challenge in the upcoming May elections.
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