A water supplier to more than 450,000 businesses and public sector groups has reportedly emerged as one of the leading contenders to rescue stricken Thames Water ahead of this week’s deadline for bids from potential investors.
Debt-laden Thames Water, which is the UK’s biggest water supplier, has asked possible investors to put forward indicative bids by the end of Thursday as it looks to secure a multibillion-pound cash injection to stave off nationalisation.
