Thames Water returns to profit thanks to soaring household bills

Thames Water’s financial performance has improved since making a loss of £149m over six months last year - Hollie Adams/Bloomberg Higher household bills have helped Thames Water return to profit, even as the struggling utility giant saw its debt pile grow to £17.6bn. Britain’s biggest water supplier posted profits of £414m in the six months to September, compared to losses of £149m over the same period last year. This swing stemmed from revenues rising by 42pc to hit £1.9bn in the first half of the year, ...