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Business · 21 July 2026

Thames Water creditors offer government 'golden share' to avoid nationalisation

Thames Water creditors offer government 'golden share' to avoid nationalisation

Photo: Jim Linwood (CC BY 2.0)

Thames Water's senior creditors are proposing a "golden share" for the government as part of a revised rescue deal to avoid nationalisation. The "golden share" would give ministers oversight of key decisions and allow greater public control, including local authority representation.

Reported by Reuters · How we write briefs

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