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UK Economy · LondonThames Water's lenders have submitted a new rescue plan to prevent the UK's largest water company from collapsing. London & Valley Water, a consortium of large financial institutions and investors, has submitted proposals which include writing off about a third of the company's near £20bn debt pile and investing an initial £5.4bn to stabilise the firm's finances.See the Story
Thames Water lenders submit rescue plan to stave off collapse
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