Politics

Greens propose nationalization of Thames and Southeast Water without compensation

The Guardian · October 3, 2026Original source ↗

Greens propose nationalization of Thames and Southeast Water without compensation

What happened

Rachel Millward, the Green Party's deputy leader, stated at a conference that the party would nationalize Thames and Southeast Water without providing compensation to shareholders, citing the companies' insolvency. Ali called for urgent leadership in addressing rising racist violence in the UK.

Why it matters

The proposal signals a significant policy stance from the Green Party regarding public ownership of essential utilities.

How this story affects people

How does this story affect you if you are a shareholder in Thames or Southeast Water?

You will not receive any compensation for your investments if the companies are nationalized. This could significantly impact your financial situation, as you may lose the value of your shares.

How does this story affect you if you are a customer of Thames or Southeast Water?

You may experience changes in service management and potentially lower rates if the companies are nationalized. This move could affect the quality and reliability of your water supply.

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