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Rewritten from BBC — Business 1 min read
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Thames Water faces nationalisation as government rejects rescue deal

The UK government has expressed concerns regarding the current rescue deal for Thames Water, stating it fails to sufficiently safeguard consumers and the environment. This development brings the company closer to potential nationalisation.

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Thames Water

A government spokesman stated that the current offer for Thames Water does not adequately protect consumers or the environment. This statement indicates a potential move towards nationalisation as the government seeks better solutions for the water utility.

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Original Headline

Thames Water moves step closer to nationalisation after government objects to rescue deal

Neutral Headline

Thames Water faces nationalisation as government rejects rescue deal