World May 19, 2026 · 1 min read

Thames Water rescue deal threatened by uncertainty over next prime minister

Exclusive: Potential investors fear Andy Burnham could push to bring utility companies into public ownershipA rescue deal for Thames Water is under threat because of a potential change in prime minister, government insiders have said.Ministers are negotiating a takeover deal for the stricken water c...

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The Guardian
by Helena Horton and Kiran Stacey
Thames Water rescue deal threatened by uncertainty over next prime minister

Exclusive: Potential investors fear Andy Burnham could push to bring utility companies into public ownership

A rescue deal for Thames Water is under threat because of a potential change in prime minister, government insiders have said.

Ministers are negotiating a takeover deal for the stricken water company with a consortium of creditors led by American investment firm Elliott Management.

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This article was originally published by The Guardian and written by Helena Horton and Kiran Stacey.

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