Put Thames Water into special administration, Lib Dems tell ministers

Party calls for firm to be wound up as it seeks shareholder bailout, higher bills and lower fines

Thames Water should be put into special administration by the government and reformed as a public benefit company, the Liberal Democrats have said.

Sarah Olney, the Lib Dems' Treasury spokesperson, has called in a parliamentary debate for the biggest privatised English water company to be wound up under legislation that has recently been updated by ministers.