The company is under investigation over paying dividends even as it lurches into a deeper financial abyss
Debt problems have forced Thames Water to demand the right to raise bills by 40%, according to company business plans revealed that the company was under investigation by Ofwat
Despite little background in politics, Lord Petitgas has built himself into an influential figure in Mr Sunak’s Downing Street operation. He was previously tasked with managing Mr Sunak’s reform of the energy market, and is well thought of by executives who have grown increasingly tired of poor relations between business and government.They said: “He would be ideal for managing a difficult situation.
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