…By Henry George for TDPel Media.
Ministers are said to be engaged in discussions about potentially bringing the utility company back under public ownership through a special administration regime (SAR).
Thames Water Chief Executive Departs Amid Financial Stability Concerns
While Bentley relinquished her bonus in May due to the company’s environmental and customer performance issues, her pay still doubled, amounting to £1.5 million.
In conclusion, the UK government is reportedly considering emergency nationalisation plans for debt-ridden Thames Water as concerns about its financial stability mount.