UK's Thames Water posts higher profit on lower costs
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(Reuters) - Thames Water Utilities Ltd, Britain's largest water and wastewater services provider, posted a rise in first-half underlying operating profit on Friday, as it worked to stem costs and added customers.The company said it was progressing in restructuring the business to cut costs, and was in advanced stages of recruiting a new chief executive officer after Steve Robertson stepped down in May.A media report in early November said Thames Water has identified current CEO of UK Power..