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UK's biggest water supplier plunges into deeper financial crisis
UK's biggest water supplier plunges into deeper financial crisis

Debt-plagued Thames Water has failed to raise a major cash injection from shareholders, it revealed Thursday, blaming industry regulations that made its rescue plan "uninvestable". The company on Thursday said it was in talks with industry regulator Ofwat over a plan that is "affordable for customers, deliverable and financeable for Thames Water, as well as investible for equity investors".

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