Ten Things You Need to Know Today: 29 June 2023

The Week’s daily digest of the news agenda, published at 8am

1. Thames Water crisis

Thames Water’s bonds “tumbled” yesterday amid speculation that the government would be forced to step in and nationalise Britain’s biggest water company, said The Times. Ministers are holding emergency talks with Ofwat, the industry regulator, in case the “debt-laden company” fails to raise enough investment, said the paper, with “temporary nationalisation via a special administration regime” one option on the table. “Regardless of what happens”, added the BBC, “water supplies will continue as normal”.

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