#rescue deal
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Why is Thames Water in so much trouble?
Thames Water's lenders have submitted a new rescue plan to save the firm, but how did it end up in this state?
June 16, 2026Thames Water moves step closer to nationalisation after government objects to rescue deal
A government spokesman tells the BBC that the current offer "does not do enough to protect consumers or the environment".
June 16, 2026Related Pages (4)
Government must end uncertainty for Thames Water workers and consumers, says GMB
GMB Union has today reacted to news that the government has rejected a proposed rescue deal for Thames Water. Cliff Roney, GMB activist, former water worker, and contributor to Channel 4’s Dirty Busi
Why is Thames Water in so much trouble?
Ministers have objected to Thames Water's proposed rescue deal, moving the UK's largest water company closer to public ownership. Environment Secretary Emma Reynolds has written to regulator Ofwat ra
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