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The Guardian - UK

Business

Sandra Laville Environment correspondent

Appeal court rules in favour of £3bn bailout for Thames Water

Thames Water Thames Chris Weston

Signage on Thames Water van — The ailing water company has debts of £19bn. Photograph: Toby Melville/Reuters

The court of appeal has upheld Thames Water’s £3bn emergency bailout loan, in a decision published on Monday.

Appeal court judges dismissed an appeal from environmental campaigners and a small group of Thames creditors after a three-day hearing last week.

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