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flag Thames Water seeks £3bn bailout amid £16bn debt, sparking protests over potential higher bills.

flag Thames Water, the UK's largest water supplier, is seeking a £3bn bailout due to over £16bn in debts and a potential cash shortfall by March. flag High court hearings for the bailout began this week, with environmental groups protesting that the deal, featuring a 9.75% interest rate, could lead to higher water bills. flag Thames Water denies this, stating the bailout won't affect bills beyond the recent approved increase.

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