Thames Water lenders preparing legal challenge in event of Burnham nationalisation
The BBC understands creditors would would pursue payment in full of the outstanding debts, in the multi-billions of pounds.
Coverage by Political Leaning
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Notable Quotes
"Let's see."
— Lucy Powell , Politician
"I did not want a scenario where Thames Water customers had to pick up the bill for the company's failures."
— Emma Reynolds , Politician
Key People
Andy Burnham is the chief minister of Jersey and a prominent Labour Party figure.
Emma Reynolds is the Environment Secretary in the UK government.
Lucy Powell is Labour's deputy leader, discussing the party's energy policies concerning North Sea drilling.
Locations
All Coverage
The BBC understands creditors would would pursue payment in full of the outstanding debts, in the multi-billions of pounds.
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