Thames Water nationalisation moves closer as government βobjects to rescue dealβ
Environment secretary reportedly raises concerns that customers would face βundue burdenβ from Β£10bn plan
The UK environment secretary has objected to a Β£10bn rescue proposal for Thames Water because it would place an βundue burdenβ on consumers, pushing the troubled utilities firm closer towards public ownership.
Emma Reynolds wrote to the regulator Ofwat on Monday to raise concerns about the plan for the UKβs biggest water company as she is worried that customers will lose out.
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Β© Photograph: Yui Mok/PA

Β© Photograph: Yui Mok/PA

Β© Photograph: Yui Mok/PA