BBC News·3 min read·medium
Thames Water lenders preparing legal challenge in event of Burnham nationalisation
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✦AI Summary
Thames Water lenders are preparing a legal challenge against a potential nationalization of the company by the incoming Burnham-led UK government. The creditors are seeking full repayment of debts, which could cost the government billions, while the government remains critical of the company's past performance and current rescue proposals.
Image source, EPA By Simon Jack Business editor Published 10 minutes ago The lenders to Thames Water are preparing a legal challenge in case a Burnham-led government attempts to nationalise the UK's biggest water company.
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