The government has held talks with the regulator Ofwat about the situation, one government official said, while water minister Rebecca Pow said it would act to ensure water keeps flowing regardless of the company's financial situation. Thames Water, which supplies about 27% of Britain's population, said it had strong liquidity and was "continuing to work constructively" with its shareholders to help raise the 1 billion pounds ($1.3 billion) of fresh equity it says it needs to operate. LONDON, June 28 (Reuters) - The British government has held emergency talks over the fate of the country's biggest water supplier, Thames Water, and said it is ready for any outcome, including temporary state ownership, as the company buckles under huge debts.
Finance Minister meeting regulator over high bills.Company says shareholder talks constructive.Prepared for a range of scenarios - government.State could take temporary ownership of Thames Water - Sky.
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