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Thames Water can continue with £3 billion restructure plan after winning court battle

  • The Court of Appeal dismissed appeals against Thames Water's £3 billion restructuring plan, allowing it to proceed.
  • Thames Water Utilities Holdings Limited proposed a plan to avoid running out of money while serving 16 million customers.
  • Liberal Democrat MP Charlie Maynard argued for special administration to better serve customers.
  • Thames Water's CEO Chris Weston expressed satisfaction with the court's decision, emphasizing progress toward financial stability.
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abc News broke the news in United States on Monday, March 17, 2025.
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