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An influential voice on the dangers of privatisation
Issue comes weeks after promise to close utility’s Caribbean funding operations
Ofwat finds shortcomings in reporting a day after pledge of clean start under new team
Practice of minimising risk capital can be very rewarding — but shifts the risks on to customers
Utility says refinancing was agreed with Ofwat, the industry regulator
As raw sewage poured into London’s rivers, the water supplier awarded huge dividends to investors
Deficit has grown from £38m to £249m in a decade
Regulator launches biggest shake-up since privatisation in 1989 to cut costs