A group of MPs and charities will argue that Thames Water should be put into a government-handled administration at a court hearing to decide whether to approve £3bn in emergency funding.
A high court judge will hear from Britain’s biggest water supplier and groups of rival creditors on Monday before deciding whether to approve the rescue, which would stave off a temporary nationalisation through a special administration. Without the debt lifeline, Thames Water has said it could run out of cash by March.