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Thames Water faces nationalisation just two days before Reeves Statement: The Telegraph

  • The government could take Thames Water into emergency public ownership due to legal issues surrounding the company.
  • Thames Water warned it would run out of cash on March 24 unless it secures a £3 billion loan from its creditors.
  • Thames Water is operating in breach of its licence and is unable to pay its debts, affecting its customers.
  • Treasury officials are planning for potential nationalisation of Thames Water after concerns were raised during a meeting.
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Daily ExpressDaily Express
Right

Rachel Reeves' spending headache as Thames Water faces nationalisation in days

The cash-strapped Chancellor is expected to impose swingeing cuts in days, but may forced to fork out £2billion to save Thames Water from collapse.

·United Kingdom
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The TimesThe Times
Lean Right

Thames Water faces nationalisation as cash crisis deepens

Britain’s largest water company teeters on the brink of collapse as a £3 billion loan is contested in the courts, raising fears of higher bills for millions

·United Kingdom
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The TelegraphThe Telegraph
Right

Thames Water faces nationalisation just two days before Reeves Statement

A government takeover of the utility would disrupt Chancellor’s already-tight spending plans

·London, United Kingdom
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iaelimited.comiaelimited.com

Rachel Reeves lines up £25bn tax blitz in 'awful' April - beats anything we've seen so far

Isaiah Amos Rachel Reeves lines up £25bn tax blitz in ‘awful’ April – beats anything we’ve seen so far IAELimited IAELimited - IAELimited.com | Metro News, Exclusives, Politics This April is going to be tough, and Chancellor Rachel Reeves has a role in it. The UK economy is about to face higher taxes and rising prices starting next month. Last October, Chancellor Rachel Reeves announced a series of tax increases totaling £40 billion, the largest…

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The Telegraph broke the news in London, United Kingdom on Thursday, March 6, 2025.
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