Thames Water needs to clean up its act after yet more fines | Nils Pratley

Nationalisation would be a costly way to fix the industry – the regulator should push a lot harder on behalf of customersThames Water is the company that gives even doubters cause to wonder whether renationalisation of the water industry might be a good idea.Ownership of the operating business, and the finer details of the colossal £10.75bn of debt financing, is contained within a labyrinth of intermediary offshore companies that makes it impossible to calculate how much the owners h