LONDON DAILY ARCHIVE

Government Considers Insolvency Law Changes to Bring Thames Water Into Public Ownership

Prime Minister Andy Burnham is considering changes to the Special Administration Regime that could pave the way for the nationalisation of heavily indebted utilities such as Thames Water, potentially imposing losses on shareholders and triggering a legal battle with US-based hedge funds holding the company's debt.

27 August 2026 · 00:18 UTC