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"This is a desperate ploy from Oxford to gain an upper hand in the most slimy way," said former Cambridge rower Imogen Grant.
In February, a High Court judge sanctioned a plan proposed by the parent company of Thames Water Group allowing the utility to stay afloat.
(Alliance News) - Appeals against the approval of a plan to restructure Thames Water through a loan of up to GBP3 billion has been dismissed, Court of Appeal judges have said.
A former senior director said the water firm could collapse soon without a funding deal, which would bring it under temporary state ownership.
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