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Why is Thames Water in so much trouble?

BBC Business · Jun 16, 2026, 11:02 AM · Also reported by 3 other sources

Thames Water's lenders have submitted a new rescue plan to save the firm, but how did it end up in this state?

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Bloomberg Markets Thames Water Edges Closer to Nationalization With Rescue in Doubt The Guardian Thames Water nationalisation moves closer as government ‘objects to rescue deal’ BBC News Thames Water moves step closer to nationalisation after government objects to rescue deal

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Why is Thames Water in so much trouble?

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