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Story summary
- Freddie van Mierlo (MP) introduced a bill to stop water companies from delaying fines.
- Thames Water received a £122.7 million Ofwat fine, the largest, with a delayed-payment plan through March 2030.
- Windsor MP Jack Rankin has called for Thames Water to be nationalized.
- The government says nationalization would cost taxpayers £100 billion and worsen sewage pollution.
- Thames Water argues special administration won't solve regulatory challenges and supports a market-led recovery.
