business
Thames Water seeks £2.4bn lifeline after rescue plan stalls
Troubled utility risks more financial turmoil if its army of hedge fund backers do not provide emergency cash
Thames Water is seeking a new multibillion-pound lifeline after rescue talks were effectively halted by political opposition.
The embattled utility company has told creditors that a further £2.4bn of emergency funding is required to keep it afloat fo... [3599 chars]
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