Thames Water lenders offer 'golden share' to head off nationalisation

Thames Water's lenders have proposed a "golden share" to prevent the company's nationalisation by the UK government. The offer is an attempt to reassure investors and maintain private ownership of the water supplier. Lenders believe that granting a special share with veto powers will alleviate concerns about the company's financial stability and deter government intervention. The move comes as the Burnham government considers taking control of the company amidst ongoing discussions about the UK's water industry.

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