Financial Struggles and Executive Bonuses
's chairman, , revealed the company narrowly avoided financial collapse, operating with just five weeks' liquidity and securing a high-interest £3bn emergency loan.
Despite financial turmoil, Thames Water executives, including CEO , are set to receive substantial bonuses, sparking public and parliamentary outrage.
Drought Preparation and Public Concerns
Amid concerns of drought, CEO Chris Weston announced plans to avoid water shortages but didn't rule out imposing usage restrictions depending on rainfall.
The company's drought preparations include reminding customers to conserve water, though challenges like leaks and a delayed reservoir project raise concerns about long-term water supply.