Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Sandra Laville

Taxpayer cash must not be used to bail out Thames Water, says Feargal Sharkey

Feargal Sharkey
‘Even if it takes 10 years, and it will take a lot of pain, you could come out with a company which is reasonably debt free and stable,’ said Sharkey. Photograph: Richard Saker/The Guardian

Crisis-ridden Thames Water must not receive a penny of public money in a bailout as it faces rising costs on £14bn of debt, the water campaigner Feargal Sharkey has said.

Sharkey, who has been crucial in raising public consciousness about the way privatised water companies are run, said he did not believe anyone in the UK would support using taxpayers’ money to prop up the company.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.