Move would give government veto over big decisions and hostile takeovers, after Andy Burnham’s demand for greater public control Business live – latest updates The group of investors pursuing a rescue bid for Thames Water have offered the government a “golden share” in a last-ditch attempt to convince Andy Burnham not to nationalise Britain’s biggest water company. London & Valley Water (L&VW), a consortium of 100 institutional investors that hold £17bn of the company’s £21bn debt, said it recognised that the new prime minister wants greater public control and to strengthen accountability of the water company. Continue reading...