Reform Deputy Leader Urges Burnham to Seize Control of Thames Water
2 Articles
2 Articles
Reform deputy leader urges Burnham to seize control of Thames Water
Richard Tice, the deputy leader of Reform, has repeated a demand for Thames Water to be placed into a temporary form of public ownership and said he feels "gut-wrenching fury" over the seven-figure remuneration packages handed to the company's top executives as it teeters on the brink of collapse.
Thames water’s battle with Burnham begins
Thames Water’s lenders are preparing a legal challenge if incoming Prime Minister Andy Burnham moves to nationalise Britain’s largest water company. Mr Burnham has previously backed greater public control of water and energy companies and called for Thames Water to be brought into state ownership. The heavily indebted utility serves around 16 million customers across London and the Thames Valley. It owes creditors almost £20 billion and has warn…
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