The saga of Thames Water is something to behold. How a utility company is able to run up debts of billions in this day and age will concern people for a long time.
Its only recourse is to pile higher bills onto customers. This is a charging of a populace by people that are described as rogue traders by many in the industry.
Thames Water is in desperate need of a new corporate structure, including many more new appointments as replacements.
The current staff have to realise their predicament and find a solution.
Their culpability is driving the business into the ground, and the public are waiting for bright ideas to turn it around.
It can’t be such an embarrassment for much longer.