Thames Water urges Andy Burnham to clarify Labour's water plans as funding deadline looms

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Thames Water chief Chris Weston has urged Andy Burnham to provide urgent clarity over Labour's plans for the water industry as the struggling utility firm races to secure funding before October.The boss of Britain's largest water supplier warned the company faces mounting financial pressure unless a rescue agreement can be reached, saying certainty from the incoming Government is needed as negotiations with creditors continue.Mr Weston told the Press Association: "The big unknown is what the new prime minister wants to do when he comes in."We've had no conversations with him and it would be better to know what he's thinking." TRENDING Stories Videos Your Say Mr Burnham, who could take office as early as next Monday, has indicated he wants to introduce a decade-long programme of renationalising water companies, arguing the industry should place greater emphasis on serving the public interest.While Mr Weston described Thames Water's situation as "not terminal", he stressed the company's...

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