Thames Water creditors seek talks with Burnham as nationalisation looms The future of Britain's largest water company, Thames Water, is on a collision course with the incoming government, led by Andy Burnham.
Nationalisation or temporary public control seems increasingly likely, with investors and creditors vying for a share of the spoils.
A consortium of institutional investors, London & Valley Water (L&VW), holds £17bn of Thames Water's £21bn debt and is keen to meet with Burnham to discuss enhanced public control.