Creditors of Thames Water are reportedly preparing to take legal action to seek full payment of outstanding debts, which amount to several billion pounds, in the event of the company's nationalisation. This information was confirmed by the BBC.
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Thames Water creditors may pursue legal action if nationalisation occurs
Creditors of Thames Water are considering legal action to recover outstanding debts if the company is nationalised. The debts are reported to be in the multi-billions of pounds.
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Original Headline
Thames Water lenders preparing legal challenge in event of Burnham nationalisation
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Thames Water creditors may pursue legal action if nationalisation occurs