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Thames Water lenders offer 'golden share' to head off nationalisation
Lenders of Thames Water are proposing a 'golden share' to prevent the company's nationalisation, suggesting increased local authority control as a stabilizing measure. This comes after the government rejected a £10 billion rescue plan, rais...
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Lenders of Thames Water are proposing a 'golden share' to prevent the company's nationalisation, suggesting increased local authority control as a stabilizing measure. This comes after the government rejected a £10 billion rescue plan, raising concerns over potential debt repayments for lenders if nationalisation occurs.
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Originally reported by BBC News.
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