Thames Water - comment

In a comment from Labour’s shadow business & trade secretary Jonathan Reynolds, it seems that Labour is not interested in a “nationalisation” of Thames Water and that it should be resolved without government involvement. This is the first time a senior Labour Party official has commented on the situation which sheds more light on what a process might look like going forward. Perhaps a consensual restructuring led by creditors is on the cards after all. Let us see after 4th of July…