Business · 1 hour ago
Thames Water creditors name Labour peer John Hutton as chair for proposed rescue
Peter Trimming via Wikimedia Commons (CC-BY-SA-2.0)
Thames Water serves around 16 million customers but faces a cash shortage by the end of 2026 without a rescue. London & Valley Water, a group seeking to keep the company privately owned, has chosen former minister Lord John Hutton to lead its proposed board. The plan needs at least £10bn in new private investment.
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