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.
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 moves step closer to nationalisation after government objects to rescue deal
Thames Water faces nationalisation as government rejects rescue deal