Thames Water CEO Resigns Amid Funding Talks and Collapse Concerns

Thames Water, the largest water firm in the UK serving a quarter of the population, is in talks to secure additional funding as concerns over its financial stability grow. The company, which has faced criticism for sewage discharges and leaks, has billions in debt and recently saw its CEO resign unexpectedly. The government has stated that it is prepared to intervene if necessary, but water supplies will continue as normal. If Thames Water fails to secure funding, it could be temporarily taken over by the government until a new buyer is found. The company is currently trying to raise the necessary funds to improve its operations.