Thames Water has six weeks to agree survival plan with Ofwat

Thames Water has six weeks to agree survival plan with Ofwat

While the company believes it has cash to last 15 months it will have to move fast to stave off insolvency

Thames Water has just six weeks to convince its regulator that it has a viable survival plan for its business, the Guardian can reveal.

While the company believes it has enough cash to survive for around 15 months, insiders and investors fear that it must move quickly to strike a deal with its watchdog to stave off insolvency.

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