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Thames Water creditors secure former Labour minister to drive rescue deal

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Confirmed by 2
What the 2 sources said
The Guardian – World
“Thames Water creditors secure former Labour minister to drive rescue deal”

Stricken UK water supplier lines up John Hutton as independent chair designate if takeover goes ahead The group of Thames Water creditors pursuing a £10bn rescue deal for Britain’s largest water supplier has lined up a former senior Labour minister to chair the company, as it tries to win over the government. The creditor consortium, called London & Valley Water, said on Tuesday that Lord John Hutton had been selected as independent chair designate of the Thames Water board, if the consortium’s…

Read at The Guardian – World
The Guardian – UK
“Thames Water creditors secure former Labour minister to drive rescue deal”

Stricken UK water supplier lines up John Hutton as independent chair designate if takeover goes ahead The group of Thames Water creditors pursuing a £10bn rescue deal for Britain’s largest water supplier has lined up a former senior Labour minister to chair the company, as it tries to win over the government. The creditor consortium, called London & Valley Water, said on Tuesday that Lord John Hutton had been selected as independent chair designate of the Thames Water board, if the consortium’s…

Read at The Guardian – UK
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