Thames Water supply 'on knife-edge' with ?23bn repairs needed

Exclusive: Company has failed to tackle serious safety concerns or upgrade vital IT systems, Guardian investigation revealsFloods, explosions, asbestos: Thames faces problems on all frontsThames Water has ?23bn of assets that are in urgent need of repair and the supply of water to its 16 million customers is "on a knife-edge", a Guardian investigation can reveal.Britain's biggest water company has failed to tackle adequately serious safety concerns, has not upgraded essential IT systems and has tolerated a culture of intimidation among staff, according to insiders and an analysis of documents. Continue reading...