Thames Water creditors prepare for legal fight over possible nationalisation
Thames Water creditors prepared for legal action Wednesday as incoming Prime Minister Andy Burnham considers temporary nationalization of Britain's largest water company. The consortium of 100 institutional investors holding £17bn of the firm's debt hired litigation specialists while signaling openness to greater public control. Burnham has proposed transferring Thames Water into special administration, potentially costing taxpayers £2bn.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 19 Jul 2026, 16:17 UTC · Updated 19 Jul 2026, 16:40 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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