Thames Water has been circling the drain for ages, and the Government has repeatedly stated that nationalisation is on the table. Question resolves YES if at any point between market open and the end of July, Thames Water falls into public ownership.
Update 2025-06-19 (PST) (AI summary of creator comment): The market will resolve YES if the government gains clear and direct control over Thames Water. This includes cases such as:
The government becoming a majority shareholder.
Placing Thames Water under a Special Administration Regime.
1,000@Fion no, I think that's a fair point. I'm not sure of all the ways a potential partial nationalisation might go, but I had ChatGPT suggest a few and I think my broad approach will be:
Resolve YES if the government has clear and direct control over Thames Water - e.g. if they became a majority shareholder without owning outright, or if they put it under a Special Administration Regime which means they control it without owning it.
Resolve NO if the government does not have clear and direct control over Thames Water for any period of time before market close.
@Noit that sounds reasonable to me. "Control" seems both more relevant and more clear-cut than "ownership"
@Noit also, I find it funny that the market description now has an AI summary of your AI-informed comment. ๐