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Howard-
This is the problem isn't it?
There is built in an assumption that the market penalises failure. But when everything is interlinked it becomes tricky to responsibly let things collapse.
However, at the very least I'd like to see a wave of litigation opened against TW - every regulatory aspect, investigations into all officers over the last 35yrs under the company's act. It may prove to be fruitless, but even if it sucks up their money and energy in litigation it will be worth it.
hugo7
Jacob Reese Mogg has said Thames Water should be allowed to go bankrupt