nationalisation
Coverage of nationalisation in the Nexus archive.
- Thames Water creditors and government in stand-off over future
A stand-off exists between Thames Water's creditors and the government concerning the company’s future. Investors are demanding clarity regarding potential nationalization, while ministers have issued a statement insisting that no decision has been made yet.
- Turn failing water firms into not-for-profit cooperatives, MPs and mayors tell PM
Labour politicians propose a mutualized model to transfer control of failing water companies to the public without adding government debt. This comes amid ongoing debate over nationalising Thames Water.
- Thames Water investors offer ‘golden share’ in bid to head off nationalisation
Thames Water investors have offered the UK government a 'golden share' to prevent nationalisation, granting the government veto power over major decisions and hostile takeovers. The move follows Andy Burnham's call for increased public control of the water company.
- Thames Water lenders plot legal fight with Burnham over nationalisation
Thames Water's lenders are preparing a legal challenge against Burnham regarding the nationalisation issue. The situation involves potential legal action over the company's nationalisation plans.
- Thames Water nationalisation moves a step closer as ministers reject £10bn bailout package… but can the taxpayer afford it?
Ministers rejected a £10bn bailout package for Thames Water, moving its nationalisation closer. The article questions whether the taxpayer can afford the potential costs.
- Thames Water to pay £749mn under creditor takeover deal
Thames Water is set to pay £749 million as part of a creditor takeover deal amid rising costs for its restructuring. The UK's largest water company is attempting to avoid nationalisation through this financial arrangement.
- Thames Water should be nationalised, says Andy Burnham
Andy Burnham, Labour’s Makerfield byelection candidate, advocates public ownership of water companies, including nationalisation of Thames Water, as part of his potential Labour leadership. He confirmed this in an interview with the Guardian.
- Labour lurches to the Left: Burnham snubs City meeting as he vows nationalisation and hints at tax hikes… while Streeting defends focus on Gaza
Burnham skips a City meeting, pledging nationalisation and potential tax increases, while Streeting supports the party's focus on Gaza.
- As Govia Thameslink Railway is nationalised, all the new changes passengers should expect - and whether services will improve
Govia Thameslink Railway is being nationalised, with new changes expected for passengers. The article discusses whether this transition will lead to improved services.
- For failing water utilities, nationalisation is not a dirty word
The article argues that nationalisation of failing water utilities can be beneficial, as it allows for easier funding of maintenance and infrastructure upgrades without the pressure to pay large dividends. This approach removes the temptation to prioritize shareholder returns over necessary public service investments.