A BBC Panorama investigation reveals that Severn Trent Water is inflating its balance sheet by £1.68 billion through questionable accounting practices involving a shell company. Although the water company claims the investment helps represent its financial health, critics assert it…
An investigation by BBC Panorama reveals that Severn Trent Water has inflated its balance sheet by over £1 billion through questionable accounting practices. The company claimed a shell company investment was worth £1.68bn, despite it having no real value. Critics…
Severn Trent Water has been accused of using questionable accounting methods to inflate its balance sheet by £1.68 billion, raising concerns over its financial health and shareholder payouts. An investigation revealed that the company’s valuations are not based on actual…
An investigation by BBC Panorama reveals that Severn Trent Water has artificially inflated its balance sheet by over £1 billion through questionable accounting practices involving a shell company. Critics argue this scheme misleads stakeholders about the company’s financial health and…
