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The Guardian - UK
The Guardian - UK
Business
Anna Isaac

Thames Water rescuers seek clean break before committing fresh funds

The Thames Water logo
Investors have until 10 February to submit bids for Thames Water. Photograph: Toby Melville/Reuters

Thames Water’s potential rescuers are seeking a clean break with the company’s past before they commit fresh funds, with some demanding a temporary renationalisation to help cut debts and replace bosses, the Guardian can reveal.

There has been public outrage at the governance of England’s water industry amid sewage spills into rivers and seas, mounting corporate debts and rising consumer bills.

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