Nationalisation

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‘A national scandal’: Thames Water secures £3bn bailout after ‘disgraceful’ court ruling

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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Thames Water has secured a government bailout to deal with its extensive debts. Here’s what it means for water bills