MPs call for rejection of Thames Water rescue deal

A new report examining the long‑term viability of Thames Water has been released, calling on the UK government to intervene to safeguard the nation’s largest water and wastewater provider. The analysis, compiled by an independent consultancy specializing in infrastructure finance, outlines the company’s mounting debt burden, aging pipe network and recent service disruptions, which together threaten its ability to meet regulatory standards and deliver reliable water supplies to over 15 million customers.

The document recommends that the government consider a range of measures, including a possible equity injection, tighter regulatory oversight and a coordinated investment plan to modernise the water system. It also urges the establishment of a clear contingency framework to address future financial distress and to protect consumer interests. Officials have not yet responded, but the report is expected to inform upcoming policy discussions on the sector’s stability and the protection of essential public services.