Published 16 days ago

Preparations made for Government takeover of Thames Water, reports say

Thames Water's potential renationalization could transfer its £15.6bn debt to the public under UK government plans, as reported by the Guardian.
Project Timber aims to convert Thames Water into a publicly owned entity separate from the government, according to Whitehall sources.
Lenders to Thames Water face losing 35-40% of their investment under the proposed renationalization plans.

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The Guardian

Thames Water nationalisation plan could move bulk of £15bn debt to state

Exclusive: Under Whitehall blueprint for water company some lenders could lose up to 40% of their money

16 days ago·London, United Kingdom

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The Independent

Preparations made for Government takeover of Thames Water, reports say

Thames Water could be effectively nationalised if it goes bust, according to reports in the Guardian newspaper.

16 days ago·London, United Kingdom

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The Telegraph

Thames Water lenders face 40pc losses under nationalisation plan

Bosses at Thames Water are currently racing to secure its future in the private sector

16 days ago·London, United Kingdom

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Bloomberg

Thames Water Lenders Face Up to 40% Losses If It’s Nationalized

Some lenders to Thames Water could face losses of as much as 40% in the event that it ends up being nationalized by the UK government, according to contingency plans drawn up by officials.

16 days ago·United States

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