questionText: To ask the Secretary of State for Environment, Food and Rural Affairs, whether her Department has assessed Thames Water’s current financial position against the statutory criteria for applying to the High Court for a special administration order.
answerText: The law states that Special Administration can only be initiated if the company becomes insolvent or they are in such serious breach of their principal statutory duties or an enforcement order that it is inappropriate for the company to retain its licence...
heading: Thames Water: Finance