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flag Thames Water faces legal challenge over £3 billion bailout loan deemed unfair by critics.

flag Thames Water, the UK's largest water supplier, is facing a legal challenge over a £3 billion bailout loan. flag Junior creditors and a public interest group argue the loan's terms are unfair and too costly, and they want Thames Water to enter a special administration regime instead. flag Thames Water argues the loan is necessary to avoid financial ruin and to continue investing in infrastructure without affecting taxpayers or customers. flag The government is monitoring the situation closely.

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