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Written question asked by Charlie Maynard (Liberal Democrat) on Friday, 26 July 2024, in the House of Commons. It was due for an answer on Tuesday, 30 July 2024. It was answered by Emma Hardy (Labour) on Monday, 5 August 2024 on behalf of the Department for Environment, Food and Rural Affairs.


Thames Water: Insolvency

Question

To ask the Secretary of State for Environment, Food and Rural Affairs, if he will appoint a special administrator for Thames Water; and if he will make an assessment of the potential impact of the decision by Moody's to downgrade Thames Water's credit rating to junk status on its licence obligations.

Answer

The company remains stable and we are closely monitoring the situation.

It would be irresponsible to comment on hypotheticals.


Secondary information

Type
Written question
Reference
2024
Session
2024-26
Subjects
Credit rating Licensing Insolvency Thames Water
Link
View this Written question on www.parliament.uk