UK govt opposes private rescue bid for Thames Water
Heavily-indebted Thames has so far avoided nationalization thanks to increased income
Reynolds said she was “not convinced” that a £10-billion bid by the international consortium London & Valley Water “is good enough for consumers”
June 16, 2026 15:28
LONDON: Britain’s Labour government on Tuesday raised objections over a proposed private rescue of Thames Water, increasing the prospect of the country’s biggest water supplier being nationalized.
