The Guardian view on Thames Water: Andy Burnham should nationalise this failed monopoly | Editorial
Source ↗
👁 0
💬 0
Bill payers should not fund another rescue for financiers of the water industry. Public ownership can end the cycle of extraction and failureThis month, a cross-party parliamentary committee said Thames Water should be placed in temporary state control and that any takeover by its creditors should be halted. The MPs were right. The “special administration” regime keeps the taps running while shareholders are wiped out, creditors take a haircut and the firm’s £19bn of debt is restructured. But it
Comments (0)