Article 6TTGA Thames Water rescuers seek clean break before committing fresh funds

Thames Water rescuers seek clean break before committing fresh funds

by
Anna Isaac
from World news | The Guardian on (#6TTGA)

Exclusive: Some bidders demand temporary renationalisation to help cut debts and oust bosses

Thames Water's potential rescuers are seeking a clean break with the company's past before they commit fresh funds, with some demanding a temporary renationalisation to help cut debts and replace bosses, the Guardian can reveal.

There has been public outrage at the governance of England's water industry amid sewage spills into rivers and seas, mounting corporate debts and rising consumer bills.

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