Thames Water’s turnaround plan to be supervised by independent monitor
by Guardian staff and agencies from World news | The Guardian on (#6PSNF)
Ofwat says monitor will have access to company's financial information and report back to regulator
The water industry regulator for England and Wales is to appoint an independent monitor to supervise debt-laden Thames Water's turnaround plan as it attempts to avoid a government-handled administration.
Ofwat said on Wednesday the monitor would have access to the company's financial information and would report back to the regulator.
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