Environment Secretary Emma Reynolds has expressed concerns over Thames Water's creditor rescue plan, citing unfair costs to customers and delays to infrastructure and environmental improvements. Special administration is now the most likely outcome, influenced by potential Prime Minister Andy Burnham's preference for public ownership.
UK Environment Secretary Emma Reynolds opposes a £10bn rescue plan for Thames Water, citing undue burden on consumers. The plan, which would see creditors take over the company, faces criticism for 15 years of underperformance and pollution. Calls for nationalisation are growing.
UK Environment Secretary has reportedly objected to a £10bn rescue plan for Thames Water, citing undue burden on consumers. The plan involves creditors injecting cash and taking over the company, potentially avoiding fines for sewage leaks. This development pushes the troubled utility closer to public ownership.
Exclusive: Minister says proposals show government’s ambition, as it faces unprecedented pressure from GreensTree nurseries could be built at prisons and military ranges could be turned into heathland or peat bogs as part of an ambitious plan to make government land more nature-friendly, the environment secretary has said.Speaking ahead of elections this week in which Labour is under pressure from the Green party, Emma Reynolds said such projects showed the government’s intent in restoring natural habitats. Continue reading...
