Thames Water’s financial woes continued grab headlines over the weekend with reports that government officials are concerned that the company’s collapse could trigger a wider rise in the UK’s borrowing costs and that the sector regulator Ofwat is putting together the rescue plan that would see the firm split apart and sold off piecemeal to its neighbours. Meanwhile, Rolls-Royce has scaled back its plans to build two factories in the UK to manufacture its small modular reactor design following delays to a government competition.
Weekend press: Government officials fear Thames collapse could trigger wider rise in borrowing costs
