Thames Water creditors seek talks with Burnham as nationalisation looms

Thames Water, a major UK water utility, is facing a debt crisis as the new prime minister considers temporary nationalization. A consortium of one hundred institutional investors who hold seventeen billion of the company's twenty-one billion pounds of debt says it's open to greater government involvement—but not public ownership. The Guardian reports both sides are now preparing for a potential multi-billion pound legal battle over control of the company.

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