Branch² Intelligence
Fossil fuels , utilities and housing : what we know about Andy Burnham plans | Andy Burnham
Key takeaway
Andy Burnham's incoming government plans public control of utilities, including Thames Water special administration.
- Step 1Burnham government announces public control of utilities and special administration for Thames Water.
- Step 2Thames Water's debt restructuring under administration reduces default risk but imposes losses on equity and junior creditors.
- Step 3Private investors reprice UK utility risk, increasing cost of capital for regulated assets and affecting SME suppliers' contract terms.
Source: theguardian.com
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