Thames Water investors agree to £750m injection

Published

13 minutes ago

Shareholders in Thames Water have agreed to provide a further £750m in funds as the company attempts to fight the threat of nationalisation.

The agreement is less than the £1bn that Thames Water had been hoping to secure from its shareholders.

The water company, which serves a quarter of the UK's population, is struggling under a mountain of debt.

The government has said previously it is ready to act in a worst case scenario if the company collapses.

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