Thames Water should be temporarily placed under public ownership, MPs warn

MPs from a cross-party parliamentary committee are urging a temporary public ownership of Thames Water to safeguard the interests of its 16 million customers, arguing that this move would be cost neutral for the Treasury. The committee highlights the pressing need for better management and service quality in the water sector, suggesting this could prevent future crises and ensure more reliable service. This proposal underscores a significant debate on balancing profit-driven utilities with public welfare, reflecting broader concerns about the sustainability and accountability of private water companies.