Thames Water is sinking fast after US private equity giant KKR confirmed it will not inject £4 billion of equity into the company. The firm has “indicated that it will not be in a position to proceed, and its preferred partner status has now lapsed” Thames Water admitted. While a few other firms are still possible investors, hopes of the company staying afloat through the private sector are drying up…
With Thames Water needing to secure fresh funding by the end of this month, the company now inches closer to entering a special administration regime – and the taxpayer may be forced to fork out billions to bail it out. Nationalisation could soon be flowing down the pipe…
Tom Baldwin, author of Starmer’s hagiography, spoke to Times Radio:
Tom Baldwin: “I think he’d like to do something. He’s very dutiful and driven by service. That’s why he came into politics. I think that’s characterised his time as prime minister. He hasn’t always sought popularity or been good at being popular. But I think he has some of the necessary qualities that we actually do want in a prime minister. That resilience, that relentlessness, that ability to carry the weight and the job really does weigh very heavily on people and he carries that weight very, very well.”
Jo Coburn: “NATO Secretary-General?”
Tom Baldwin: “I think that’s something that he would be interested in. I think it probably requires Andy Burnham’s government to support him in that and these are some of the questions which Andy Burnham has to resolve quite quickly.”