Bloomberg reports that the Thames Water Crisis Risks £100 Billion UK Investment Plan, and that creditors warn Thames writedowns will push up borrowing costs.

The debt crisis at Thames Water is jeopardizing £100 billion ($125 billion) of potential investment required over the next five years to mend Britain’s crumbling utilities infrastructure.

Water companies have promised to deploy the sum to fix leaky pipes, build new reservoirs and prevent sewage from pouring into the country’s seas and rivers, according to water regulator Ofwat. But investors warn the money may not be readily available if the government forces losses on Thames Water creditors.

Also in The Guardian – Thames Water collapse could trigger Truss-style borrowing crisis