Thames Water lenders preparing legal challenge in event of Burnham nationalisation
The BBC understands creditors would would pursue payment in full of the outstanding debts, in the multi-billions of pounds.
Coverage by Political Leaning
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Notable Quotes
"Let's see."
— Lucy Powell , Politician
"I did not want a scenario where Thames Water customers had to pick up the bill for the company's failures."
— Emma Reynolds , Politician
Key People
Andy Burnham is the chief minister of Jersey and a prominent Labour Party figure.
Emma Reynolds is the Environment Secretary in the UK government.
Lucy Powell is Labour's deputy leader, discussing the party's energy policies concerning North Sea drilling.
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All Coverage
The BBC understands creditors would would pursue payment in full of the outstanding debts, in the multi-billions of pounds.
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