gill plimmer is the infrastructure correspondent at the ft, who has been covering the story. could you paint the picture for us, what kind of shape is thames water in and are those underlying issues characteristic of the wider industry?— characteristic of the wider indust ? ,, ., ., , . ., industry? sure. i mean thames water has £80 billion _ industry? sure. i mean thames water has £80 billion of— industry? sure. i mean thames water has £80 billion of debt _ industry? sure. i mean thames water has £80 billion of debt that _ industry? sure. i mean thames water has £80 billion of debt that it - has £80 billion of debt that it needs to service and essentially it is saying it hasn't quite got enough to keep going the company. it has been hit by higher interest rates on that debt and all the money comes out of the customers' bills, so a greater share is going to paying off that debt orjust paying that debt. and so it has asked shareholders to put in equity and so far they're refusing on the grounds that ofwat is saying that they need to put more money in and they need to