Britain's Ofwat board split over approval for Thames Water rescue deal, Bloomberg News reports
Published on April 14, 2026.
The board of UK water regulator, Ofwat, is split over approving a rescue deal offered by the creditors of Thames Water. The deal aims to save Britain's largest water supplier, which could be nationalised if regulators fail to agree. An Ofwat spokesperson stated that they are reviewing the plans carefully to ensure they can significantly improve the company's financial stability.
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