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There's water utilities issue in UK. "The price review 2024 (PR24) draft determinations (DD) released by the UK water services regulator, Ofwat, has a mixed effect on water player Wessex Water, which is owned by YTL Power International Bhd. DD outcomes are subject to further negotiations with Ofwat until the final determination (FD) date which is set for Dec 19, 2024... might affect the FD, profitability of Wessex Water and dividends moving forward,”
Thames Water operations are on the brink of collapse, endangering supplies to 16 million customers, an investigation by the newspaper has claimed.
Britain’s biggest water provider has £23 billion ($29 billion) of assets in urgent need of repair, The Guardian has reported, claiming that the supply of water to London and other parts of the UK is on a “knife-edge.”
