Business · 21 July 2026
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
