Treasury threatens Defra with £4bn bill if Thames Water nationalised

theguardian.com/business/2025/may/03/treasury-threatens-defra-with-4bn-bill-if-thames-water-nationalised

Treasury threat an example of ‘scare tactics’ to help force through private sector deal, sources suggest
Whitehall officials have been at loggerheads over the fate of Thames Water since the Treasury told the environment department that it would have to meet the cost of a multibillion…

This story appeared on theguardian.com, 2025-05-03 15:00:41.
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