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MPs Call for Government to Halt Thames Water Talks With Hedge Funds
Cross-party Efra committee urges ministers to consider emergency legislation for public control as utility's £20bn debt crisis deepens
· 2 min read
Cross-party Efra committee urges ministers to consider emergency legislation for public control as utility's £20bn debt crisis deepens

According to Le Monde, hedge funds now account for more than half of European bond trading, raising concerns about the stability of French debt financing.

Hedge fund manager Chris Rokos, ranked as the UK's third-largest individual taxpayer, is reportedly planning to open an office in Athens.

Rokos Capital Management founder, who reportedly paid £330m in UK tax last year, is said to be preparing a move to Athens amid a wave of super-rich departures.