Campaigners say a £3billion bailout for Britain's biggest water firm comes with £800million in interest and fees.Matthew Topham, from We Own It, said: "A higher water bill is the Christmas present nobody asked for." Debt-stricken Thames has asked Ofwat if it can impose a 53% surge in bills to fund investment. It said: "The proposed liquidity extension will not change the proposed increase in customer bills." Private firms are said to be interested in taking over Thames, which has 16 million customers.Gary Carter, from the GMB union, said: "Thames Water needs long-term investment, not the plundering of its assets to make a quick buck."

'Thames customers left to pick up tab for £3bn bailout'

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.