Thames Water, the UK's largest water company, anticipates a 44% surge in customer bills as part of its new business plans, involving substantial investments in environmental projects and network upgrades. Facing a funding crisis, the company is in discussions with regulators and stakeholders while investors resist further funding, prompting government contemplation of nationalization. In a separate development, the Labour Party criticizes the spending plans of Tory London mayoral candidate Susan Hall, highlighting a £500 million shortfall that could lead to significant budgetary challenges.

UK Water Giant Faces Financial Strain