Philip Crump: Thames Water’s £3 Billion Rescue

The debt restructuring of the UK water supplier provides a cautionary tale to New Zealand

In June 2023, I wrote about Thames Water, the UK’s largest water supplier, which was buckling under £14 billion of debt—a load that had long crippled its ability to upgrade its pipes and serve 15 million customers across London and the South East.

David Farrar: Banning tourists is not the answer

The Herald reports:

About $16.5 million will have been spent by June on what to do about over-tourism in Milford Sound, but Tourism minister Matt Doocey says the work has been, at times, “incoherent”. Are we about to see very little change after so much money over more than seven years? derek cheng reports. …