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Thames Water moves step closer to nationalisation after government objects to rescue deal
The UK government has expressed opposition to a proposed rescue deal for Thames Water, a move that brings the company closer to nationalisation.
AI Summary
The UK government has expressed opposition to a proposed rescue deal for Thames Water, a move that brings the company closer to nationalisation. The government's objection stems from concerns that the current offer does not adequately safeguard consumers and the environment. This development suggests that the government is unwilling to accept the proposed terms of the rescue deal, potentially paving the way for alternative solutions, including nationalisation.
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