Thames Water half-year profit leaps to nearly £400m after it raises bills by third
Revenues jumped 40% to nearly £2bn after debt-ridden utility hiked water bills sharply in AprilThames Water has reported a leap in half-year profits to £386m after bills rose by nearly a third, even as it warned it faced huge funding uncertainties that could result in a rapid collapse into...
<p>Revenues jumped 40% to nearly £2bn after debt-ridden utility hiked water bills sharply in April</p><p>Thames Water has reported a leap in half-year profits to £386m after bills rose by nearly a third, even as it warned it faced huge funding uncertainties that could result in a rapid collapse into government control.</p><p>Britain’s biggest water company on Wednesday said it had swung into profit for the six months to September, after losing £230m in the same period in 2024.</p> <a href="https://www.theguardian.com/business/2025/dec/03/thames-water-half-year-profit-leaps-to-nearly-400m-even-as-collapse-risk-remains">Continue reading...</a>
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