Thames Water should go into administration, says senior Tory MP
AI Summary
A senior Tory MP, Geoffrey Clifton-Brown, is urging the government to intervene and protect Thames Water from hedge funds that he describes as "predatory." He advocates for the company to go into administration to prevent these funds from taking control. This move is seen as crucial to safeguarding customers and ensuring the long-term sustainability of the UK's largest water utility. This call highlights growing concerns about the influence of financial investors on essential services.
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