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UK’s privatisation model under fire amid Thames Water crisis; squeezed households run down savings – business live

Introduction: UK water sector faces biggest crisis since Thatcher

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

Britain’s model of privatised utilities is facing its biggest crisis since Margaret Thatcher was selling off the

in the 1980s.

Thames Water, the UK’s latest water company, is in emergency talks with the water regulator Ofwat, ministers and government…

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