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Daino Times Water cautions UK on water sector costs
Creditors of Thames Water in Britain have warned about the costs of nationalizing the water sector, as a study estimated that the move could amount to around 140 billion pounds sterling, exceeding previous estimates of 100 billion pounds sterling. The study confirmed that such a measure could negatively impact the country's fiscal stability amid rising public discontent due to repeated incidents of sewage pollution and pipeline leaks. This prompted the British government to explore rescue plans to ensure the sector's continuity and avoid nationalization as a future step.
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