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The Independent UK
The Independent UK
Lifestyle
James Moore

Voices: If the government wants to save Thames Water, it’s going to need to get its hands dirty

Thames Thames Water Sir Keir Starmer Steve Reed KKR IWC Ofwat United States

The latest twist in the perma-crisis that is Thames Water came courtesy of the withdrawal of KKR from a rescue plan that now lies in tatters.

The US private equity firm would have overseen a much-needed £4bn recapitalisation of the debt-ridden company, likely involving some of the existing lenders.

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