Thames Water is heavily in debt with £1.27 billion owed to creditors and has incurred £122 million in fines from Ofwat, indicating severe financial distress.
Having a not-so-great credit score may not be something that bothers you on a regular basis. But when it stops you from being able to afford the things you want, that's when it can become a real issue.
Warren Buffett emphasized the necessity of addressing the countryâs unsustainable debt levels, acknowledging the complexities of managing government revenue and expenses.