TITLE

CC ruling on Bristol 'will reward gearing'

AUTHOR(S)
Andrews, Annabel
PUB. DATE
July 2010
SOURCE
Utility Week;7/23/2010, Vol. 33 Issue 2, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on a warning from British water companies that the Competition Commission's provisional findings, which has set allowances for tax based on a central assumption of gearing, in Bristol Water's appeal could encourage companies to increase gearing and will result in equity leaving the sector.
ACCESSION #
52829390

 

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