
Ministers plan legally binding debt targets for England’s water companies
- Ministers plan legally binding debt limits for England's water firms.
- Aim is to avoid another failure like debt-laden Thames Water.
- Move coincides with Burnham's push for water in public control.
Ministers are drawing up plans to impose legally binding debt targets on England's water companies for the first time, in an effort to prevent further corporate failures of the kind facing Thames Water. The environment secretary, Emma Reynolds, is developing proposals that would compel firms to keep their…






