Exclusive: Common Wealth report argues debt, pollution and underinvestment justify process known as special administration
Ministers could bring water companies into public ownership for minimal cost through a process designed to safeguard vital public services when the companies running them are failing, a thinktank report has argued.
According to the report by Common Wealth, ministers could use a process known as special administration to take over a company like Thames Water and, rather than transfer it to another private company, keep it under permanent public ownership.
Continue reading…
Source link : https://www.theguardian.com/business/2025/jun/09/water-companies-public-ownership-could-cost-close-to-zero-says-common-wealth-thinktank
Author : Peter Walker Senior political correspondent
Publish date : 2025-06-09 04:00:00
Copyright for syndicated content belongs to the linked Source.
