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#bulb

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The #Labour Treasury has no long term consideration of risk…it’s putting #Defra in a financial headlock to make it accept US private equity firm KKR take over of #ThamesWater.

‘However, some economists and industry experts question whether there would be any long-term cost to the government at all in a temporary nationalisation, with many noting the example of #Bulb.’

theguardian.com/business/2025/

The Guardian · Treasury threatens Defra with £4bn bill if Thames Water nationalisedBy Anna Isaac