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BBC News·2 min read·medium

Thames Water returns to profit after raising bills

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Thames Water returns to profit after raising bills
AI Summary

Thames Water has returned to profitability after implementing a 40% increase in customer bills, despite a significant rise in its net debt. The company is currently navigating financial challenges after the government rejected a proposed rescue deal involving debt write-offs.

Image source, Getty Images By Mitchell Labiak Business reporter Published 15 July 2026, 07:35 BST Updated 13 minutes ago Thames Water has returned to a full-year profit after hiking its customers bills by 40% last year.

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