Description of impact
Contributed to the House of Lords briefing by analysing Thames Water’s financial crisis, highlighting its unsustainable debt burden and the impact of its cost of debt and debt spiral. We then detail in the report the impact that special administration and government backed borrowing could have on Thames Water and its ability to invest in critical infrastructure.Impact Summary for the General Public
I contributed to a House of Lords briefing by examining Thames Water's financial crisis, focusing on its heavy debt and how this has made it difficult for the company to invest in essential infrastructure. In the report, we explain how government intervention, through special administration and support for borrowing, could help Thames Water better manage its finances and make the necessary improvements to its infrastructure.Description of the underpinning research
Research into credit risk and impact on cost of debt for companies.Research on thames water and its finances.
Beneficiaries and reach of impact
House of LordsGovernment
General public and bill payers of Thames Water.
| Impact status | Ongoing |
|---|---|
| Impact date | 9 Oct 2024 |