Down the Drain: Was Privatising Thames Water a Mistake?

Thames Water now says it needs to spend nearly £20 billion by 2030 on fixing the water and sewage system, but the company appears to have little prospect of being able to raise the money. Our energy and environment reporter Jess Shankleman and distressed debt reporter Lucca de Paoli unpack the latest turn in the water firm's crisis. Plus, Bloomberg Opinion Columnist Matthew Brooker joins us to discuss the questions raised about Britain's relationship with privatization. Hosted by Stephen Carroll and Caroline Hepker. 

See omnystudio.com/listener for privacy information.