Is Britain's biggest water company Thames Water a step closer to nationalisation?

The fate of Thames Water has been in doubt for months, and now the government has appointed insolvency practitioners to prepare contingency plans. So what next for the company? Our City Editor Mark Kleinman answers the key questions.

Tuesday 12 August 2025 14:50, UK

One of Britain's biggest utilities is staring into the financial abyss, as it drowns in close to 20 billion pounds of debt.
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