Thames Water investors say temporary nationalisation would slow its recovery

Comments come after Andy Burnham says he would renationalise water and other businesses as PM

Investors in Thames Water have told the Labour government that a temporary nationalisation of the embattled company would slow its turnaround, after calls from Andy Burnham to put key utilities under public control.

As Keir Starmer’s grip on power appeared to be fading, the Greater Manchester mayor suggested at the weekend that the renationalisation of water and energy would form part of his policy agenda should he become prime minister.