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Thames Water nationalisation puts £20bn pipe and sewage upgrade at risk

Summary
London is at risk of being swamped by burst pipes and sewage leaks if Thames Water is forced into an emergency nationalisation later this month, insiders fear. There are growing concerns that maintenance and repair works could grind to a halt if a multibillion-pound private sector-led bailout is rejected by the Court of Appeal in the coming days.

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The CanaryThe Canary
Left

There's a lobbying campaign under way to STOP Thames Water being nationalised

The Telegraph has been leading the charge with a less-than obvious campaign to stop the nationalisation of Thames Water – just as a court case challenges a judge’s decision to allow the toxic water company to have a £3 billion bailout. Thames Water: what a dirty mess Thames Water has been embroiled in financial turmoil, amassing debts exceeding £15 billion by 2024. This staggering debt accumulation is largely attributed to years of financial mis…

·United Kingdom
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The TelegraphThe Telegraph
Right

Thames Water nationalisation puts £20bn pipe and sewage upgrade at risk

Government intervention in utility company ‘could trigger a supply chain crisis’

·London, United Kingdom
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CompassCompass

Thames Water Emergency Board Launched!

Right now, the biggest water firm in the country is effectively insolvent and is being restructured through a High Court […]

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tribunemag.co.uktribunemag.co.uk

End the Privatised Water Scam

Thames Water, teetering on the brink of bankruptcy, is the poster child for failed privatisation. Labour's refusal to even consider public ownership for this vital utility puts ideology above reason. Thames Water's HQ building in Reading, Berkshire. (Credit: N Chadwick via Wikimedia Commons) As the saying goes, ‘If you’re not at the table, you’re on the menu.’ Right now, Thames Water, a vital public utility serving a quarter of England’s popula…

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The Telegraph broke the news in London, United Kingdom on Sunday, March 9, 2025.
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