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Thames Water’s £10 billion creditor rescue deal should be ditched, say MPs

The committee said the £10 billion plan would protect creditors, not customers, and urged stronger powers to place failing water firms into special administration earlier.

Summary by The Independent
The Efra Committee said bondholder takeover plans are not in the best interests of Thames Water, customers or the environment.

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Thames Water’s £10 billion creditor rescue deal should be ditched, say MPs

The Efra Committee said bondholder takeover plans are not in the best interests of Thames Water, customers or the environment.

·London, United Kingdom
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Bias Distribution

  • 75% of the sources lean Left
75% Left

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The Independent broke the news in London, United Kingdom on Thursday, September 17, 2026.
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