Nationalisation

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Thames Water avoids nationalisation after legal challenge to £3bn bailout dismissed by court

Activists say Thames Water taking on another £3bn of debt is like ‘trying to bail out water by opening another hole in the hull’

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The cash lifeline allows the debt-ridden water giant to stave off collapse and temporary nationalisation

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‘Between a quarter and a third of your bills will be spent on the interest expenses – just the interest expenses’

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