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New questions on Thames Water’s future as ‘survival funding to be diluted’

by News Room
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Last summer, it was revealed the Government had drawn up plans for the nationalisation of the debt-laden firm. Under those plans, the company would be placed into a special administration regime, similar to the takeover of energy supplier Bulb in 2021. It was hoped that the multi-billion-pound funding plan would ensure that Thames Water would stave off a taxpayer bailout, and the collapse of the deal could raise new fears that the Government would need to swoop in.

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