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Thames Water Faces Collapse Amid Debt Crisis and Government Intervention
Theguardian.com
- Thames Water faces possible collapse with £15 billion debt.
- UK considers nationalizing Thames Water to manage debt crisis.
- Moody's downgrades Thames Water's credit outlook to negative.
- Thames seeks £3 billion to avoid bankruptcy before court decision.
- Government prepares special administration to maintain water supply.
- Public anger rises due to Thames Water's sewage discharge issues.
- Thames fined £18.2m for unjust dividends amid financial struggles.
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