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The Guardian
Burnham calls for bolder Thames Water solutions
Andy Burnham has urged officials to develop more radical plans to address Thames Water’s financial crisis, including converting approximately £100 million of outstanding fines into a government stake in the company. The government considers Thames Water a “litmus test” for its ability to handle long-term utilities reforms and public control initiatives. Options under consideration involve taking greater government influence, potentially bypassing traditional insolvency routes, and pushing for deeper state ownership, despite legal and financial challenges.
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