The bulk of the debt could be moved to the state to avoid nationalisation

Thames Water nationalisation plan could move bulk of £15bn debt to state. Some lenders could lose up to 40% of their money under Whitehall blueprint for water company. Whitehall plan could see water company nationalised into state of water firm. Lenders could lose 40% if nationalisation of Thames Water goes through to court.

Thames Water could break up as it scrambles to avoid nationalisation. Water company explores radical plans amid struggles with £18bn debt pile. Water firm could be forced to abandon plans to save itself from nationalisation crisis. It is struggling to find a way to cope with its £18billion debt bill.

Nationalisation offers no bridge over troubled Thames Water. Humiliated Tories risk passing Labour another open goal. Nationalisation of Thames Water will be a disaster for the Tories, says Tory minister. It's not the first time the Tories have failed to find a way to get around the problem.

Swinford toll bridge earns around £190,000 a year and will set potential buyers back about £1.25m