Politics
Thames Water lenders offer 'golden share' to head off nationalisation
The water supplier's lenders are trying to prevent the company from being taken over by the Burnham government
Thames Water's primary lenders are proposing a "golden share" for the government and increased involvement for local authorities, aiming to prevent the struggling utility provider from being nationalised.
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thames watergolden sharelocal authority controldebt restructuringwater industrynationalisationgovernment interventionandy burnham