📖 Narrative

"Prime Minister Andy Burnham signalled before taking the reins at Number 10 that he wanted to bring in a 10-year plan to renationalise the water industry, saying reform was needed to put the public interest first. But the Government has since remained tight-lipped on any renationalisation plans for Thames Water, despite the company warning it only has enough money until the year end. Mr Carmichael said: “We recommend strengthening the Special Administration Regime so that a future regulator can intervene earlier and with legal certainty where it sees chronic failure. “A loophole that allows bondholders to take control of a water company without oversight must also be addressed."

Framing: mixed · First seen: 2026-09-18 · Last seen: 2026-09-18 · Spread: 1 articles