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flag Thames Water seeks £3 billion loan to avoid collapse, facing opposition over fears of higher bills.

flag Thames Water, the UK's largest water utility, is seeking court approval for a £3 billion loan to avoid financial collapse, with a decision expected in January. flag The loan is backed by most senior creditors but opposed by some secondary creditors and protest groups, who argue it will lead to higher water bills for customers. flag Thames Water denies this, stating the loan is a temporary solution to stabilize the company and invest in infrastructure.

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