Thames Water Investors Say Temporary Nationalisation Would Slow Its Recovery The debate over renationalising Britain's struggling water companies has reached a fever pitch, with Labour Mayor Andy Burnham's call to put key utilities under public control sparking investor concerns and a sharp decline in share prices.
The question on everyone's mind is whether temporary nationalisation would be the solution Thames Water needs or merely a costly delay. Thames Water, which has built up £17.
6bn of debt since its privatisation, is on the brink of agreeing a rescue deal led by creditors with water regulator Ofwat.