Thames Water creditors secure former Labour minister to drive rescue deal
The Guardian Worldنشره المصدر:
Stricken UK water supplier lines up John Hutton as independent chair designate if takeover goes ahead The group of Thames Water creditors pursuing a £10bn rescue deal for Britain’s largest water supplier has lined up a former senior Labour minister to chair the company, as it tries to win over the government. The creditor consortium, called London & Valley Water, said on Tuesday that Lord John Hutton had been selected as independent chair designate of the Thames Water board, if the consortium’s takeover of the utility goes ahead.