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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 creditors are proposing a "golden share" for the government and increased involvement for local authorities, aiming to avert the troubled utility's nationalisation.

This move comes after

local controlgovernment reviewthames waterwater regulationgolden sharecompany debtnationalisation threatlenders' offer

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