ANDY BURNHAM faced union calls to renationalise Thames Water after the heavily indebted firm’s boss claimed it only has enough cash to last until October today.Chief executive Chris Weston said that the utility firm is asking creditors to extend funding into 2027 to allow more time to secure a rescue takeover and prevent temporary nationalisation.Mr Burnham, who is expected to be appointed prime minister next Monday, has signalled he wants to bring in a 10-year plan to renationalise the water industry but that reform is needed to put the public interest first.

ANDY BURNHAM faced union calls to renationalise Thames Water after the heavily indebted firm’s boss claimed it only has enough cash to last until October today.

Chief executive Chris Weston said that the utility firm is asking creditors to extend funding into 2027 to allow more time to secure a rescue takeover and prevent temporary nationalisation.

Mr Burnham, who is expected to be appointed prime minister next Monday, has signalled he wants to bring in a 10-year plan to renationalise the water industry but that reform is needed to put the public interest first.

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