Thames Water should be put in administration, MP says
Speaking to BBC Radio Oxford, Maynard said the government would now be "scrambling to try and fix" the situation.
He renewed his calls from earlier in the year that the company should be put into government-supervised administration. "They should be in bankruptcy, because you can't deal with this enormous amount of debt... you've got to cut it down into something sustainable."He added: "The government is just doing anything it can to not do the fundamental thing that will actually fix it."
Maynard said he was considering taking his case for putting the company into special administration to the Supreme Court. The government has previously said it is ready to take over Thames Water in the event that it cannot continue to operate.Both Thames Water and the Department for the Environment, Food and Rural Affairs have been contacted for comment.
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