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The Guardian
The Guardian
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Andy Burnham has called for urgent, radical action to address Thames Water’s financial crisis, including introducing emergency legislation to nationalize the company’s assets and take water services into public control. Experts suggest that public ownership could reduce costs by billions annually and prevent further shareholder payouts, with legal and financial measures being considered to ensure a swift transition. The government aims to protect water supply and infrastructure amid ongoing insolvency issues faced by Thames Water.
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