Thames Water investors to quit boards amid spectre of bailout
Wednesday, 15 May 2024 Representatives of Thames Water's multinational syndicate of shareholders are poised to quit as directors of its corporate entities after refusing to inject the billions of pounds of funding required to bail it out.
"Livid" activists have responded to a court ruling which will see Thames Water given a £3bn rescue loan. Liberal Democrat MP, Charlie Maynard, who brought a public interest claim into court, said he would seek to appeal the decision which he said was "not in the public interest".
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