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Thames Water needs 'substantial sums', whole sector took on too much debt - UK regulator
Thames Water will need "substantial sums of money" to stabilise its finances, regulator Ofwat said on Tuesday, as it acknowledged that it should have stepped in earlier to stop companies taking on so much debt.
- Business
Israel to build subsea electric cable with possible Europe link Israel on Tuesday unveiled plans to build an underwater electric cable that will run along its Mediterranean coast and offer the possibility to connect to electricity grids in Europe.
- 6-7 September · London
- EventReuters IMPACT6-7 September · London
- EventNet Zero USA2-3 October · New York
- 2-3 October · New York
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- BusinessFormer betting executive-led investor group seeks changes at bookmaker 888, Bloomberg reports
An investor group including a former betting executive are pushing for changes at 888 Holdings in order to boost the Gibraltar-headquartered gambling firm's value, Bloomberg News reported on Tuesday.
