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The market will not ignore all this: the cost of capital will go up, just when OFWAT is trying to unwind the great financial engineering it allowed to happen." Dieter_Helm on blisteringly fine form this morning.
Apr 28, 2025, 4:34 PM
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"text": "The market will not ignore all this: the cost of capital will go up, just when OFWAT is trying to unwind the great financial engineering it allowed to happen.\"\n\nDieter_Helm on blisteringly fine form this morning.",
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"title": "Digging an ever-deeper hole – the next chapter in the Thames Water saga - Dieter Helm",
"description": "Making a wrong turning need not be path-determining – but in the case of Thames Water, it is. Having forgone the option of appointing a Special Administrator, the predicted consequences are all too ap..."
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