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FOUND: 4 - What They Never Told You

Andy Burnham to promise ‘breathing room’ as he takes over as prime minister

The new Labour leader will set out his domestic priorities in his first speech from Downing Street.

Evening Standard

Thames Water creditors seek talks with Burnham as nationalisation looms

Consortium preparing for potential legal battle amid reports new PM could put the company into temporary public ownership

The Guardian - UK

Thames Water creditors open to talks with Andy Burnham on more ‘public control’

It has been suggested that the incoming prime minister will temporarily nationalise the company.

Evening Standard

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Andy Burnham urged to nationalise 'disgraceful' Thames Water as more supply problems hit London

Scandal-hit company faces growing anger after it boosts its chief executive pay to £1.2 million and dishes out £4 million in bonuses

Evening Standard

Thames Water set to be placed in special administration by Andy Burnham

The utility has warned that it will run out of cash by the end of the year unless a deal can be agreed between its creditors, Ofwat, and the government

Evening Standard

Andy Burnham ‘to put Thames Water into special administration regime’

Thames Water’s chief executive Chris Weston has called for urgent clarity from the prime minister-in-waiting over his plans for the sector

The Independent UK

Thames Water lenders plan to fight Andy Burnham on nationalisation

Investors in a takeover deal for Thames Water reportedly feel Andy Burnham’s new government will take a hard line on their proposals

Evening Standard

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Thames Water payouts for top bosses ‘fly in the face of fairness’, says minister

The firm’s annual report showed £4.09m was paid out to senior executives, while top boss Chris Weston saw his pay boosted by a near-£100,000 award.

Evening Standard

Update on Thames Water crisis amid company’s £20bn debts

IN FULL

The Independent UK

Thames Water boss seeks urgent clarity from new PM as funding set to dry up

Chris Weston said the firm has enough funding until October unless it can agree further funding from creditors.

Evening Standard

Thames Water increases bonus payments to £4m despite uncertainty over future

Annual results show struggling firm’s net debt has risen to £19.7bn, up from £17.7bn a year earlier

The Guardian - UK

China grows at one of lowest rates on record; Thames Water has funds to survive to year end – as it happened

Thames Water says it has £515m cash in the bank as its debts swell to £18.5bn

The Guardian - UK

Thames Water swings to profit but debt mountain swells to £20bn

The debt-laden supplier reported annual pre-tax profits of £226.4 million against losses of £1.65 billion the previous year.

Evening Standard

Thames Water admits it has enough money to survive until the end of year amid £20bn debts

Creditors are battling to secure a rescue deal for Thames Water

The Independent UK

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The Guardian - UK

South East Water to pay £30.5m penalty after multiple supply failures

Ofwat says repeated errors led to ‘real disruption and hardship for residents and businesses across many years’

The Guardian - UK

The bulging in-tray of challenges Andy Burnham faces upon entering No 10

From welfare and defence spending to cost of living and geopolitics, we look at the key issues left over from Starmer

The Guardian - UK

Ministers plan legally binding debt targets for England’s water companies

Exclusive: Move comes as allies of Andy Burnham work on proposals to take water companies into public control

Evening Standard

Bow flooding: Hundreds of homes left without water in heatwave as main bursts

People rescued from pub as flooding up to a metre deep engulfs area in east London

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The Guardian - UK

‘More public control’: what will Burnham do about water and energy?

In the fifth of a series on nationalisation, we look at utilities – including the cost of ending private ownership

Evening Standard

When will it rain again in London? Hosepipe ban fears grow in the capital

Could a hosepipe ban be introduced in London - and when is it next going to rain?

The Guardian - UK

Thames Water creditors ‘will bid for company even if it is nationalised’

Group of 100 investors still discussing £10bn rescue proposal with officials from regulator Ofwat, says report

Evening Standard

Stop using hosepipes, Thames Water urges as London faces 34C heatwave and no rain for days

‘Only use the water you need and avoid unnecessary waste where you can,’ Londoners are being told as scorching heat takes hold in the capital

The Independent UK

Sewage spills into lakes and swimming ponds as Britons dash to cold water during heatwave

The charity Surfers Against Sewage documented 2,856 hours’ worth of sewage released into UK waters last week

The Guardian - UK

Will Andy Burnham ‘go big’ in expanding the role of the state?

In the first of a series on nationalisation, we look at the critical tests ahead for the PM-in-waiting, from choosing a chancellor to the future of Thames Water

The Guardian - UK

BT pension scheme lost £300m on Thames Water stake

Loss came after decision to write off 8.7% equity stake in water company moving closer towards nationalisation

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