Topic
privatisation
Business Thames Water lenders offer 'golden share' to head off nationalisation
The L&VW consortium of lenders has proposed a golden share and greater local authority control to prevent Thames Water's nationalisation. The sweetened deal adds hundreds of millions of pounds to a previously rejected £10bn plan, which includes writing off nearly half of the company's debt.
Business Thames Water Moves Closer to Nationalisation After Government Objects to Rescue Deal
The UK government has formally objected to a proposed rescue deal for Thames Water, moving the struggling utility closer to nationalisation. Environment Secretary Emma Reynolds raised concerns over the lenders' package, which the government says fails to protect consumers and the environment. Without an alternative, Thames Water could face a special administration regime within months.
Business Arvind Panagariya Calls for Dedicated Privatisation Ministry, Urges Reviving PSU and Bank Disinvestment
Arvind Panagariya has called for reviving the government's privatisation programme for PSUs and PSBs and advocated creating an independent privatisation ministry. He also noted strong gross FDI inflows rising to $94.5 billion in FY26 and expects FPI outflows to calm in FY27.