London | The British government has held emergency talks over the fate of the country’s biggest water supplier, Thames Water, and said it is ready for any outcome, including temporary state ownership, as the company buckles under huge debts.
Thames Water, which supplies about 27 per cent of Britain’s population, said it had strong liquidity and was “continuing to work constructively” with its shareholders to help raise the £1 billion ($1.3 billion) of fresh equity it says it needs to operate.
