Thames Water is everyone’s problem, and time is running out to fix it

Ailing water company hopes higher bills can save it, but that depends on Ofwat agreeing its salvage plans are workable

A problem like Thames Water is everyone's problem. People with only a passing interest in finance will still feel the ripple effects should it become insolvent.

It won't be because the water stops coming out of the tap, or the cleanliness of Britain's rivers - so clearly scarred by the effects of creaking infrastructure and raw sewage - worsens.