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UK Resists Preferential Treatment for Struggling Thames Water

UK Resists Preferential Treatment for Struggling Thames Water

Bloomberg19-06-2025
The UK government is rejecting calls for preferential treatment for Thames Water and stepping up preparations for all possible outcomes — including special administration — as the heavily indebted utility struggles to stabilize its finances.
'The government would always act in the national interest on these issues,' Environment Secretary Steve Reed told UK lawmakers on Thursday. 'Thames Water must meet its statutory and regulatory obligations to their customers and to the environment. It is only right that the company is subject to the same consequences as any other water company.'
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