Politics
Thames Water lenders preparing legal challenge in event of Burnham nationalisation
The BBC understands creditors would would pursue payment in full of the outstanding debts, in the multi-billions of pounds.
Lenders to Thames Water are gearing up for a legal challenge should a government led by Andy Burnham move to nationalise the UK's largest water utility. Burnham, who is set to become Prime Minister on
government policynationalisationthames waterlegal challengecompany debtwater utilitieslender negotiationspublic control