Image copyright Getty Images The chief executive of Thames Water has stepped down after failing to turn around the performance of one of the UK’s largest utility companies. Steve Robertson will be replaced with immediate effect. A source close to the company said the firm wanted someone with “a mind for operations”. Thames Water, which…

Image copyright Getty Images Thames Water has told investors they will be able to demand their money back if a future Labour government renationalises the utility. In a highly unusual move, the company outlined Labour’s policy in stock market documents. The filing said “future intervention” by the government could affect the company’s ability to meet…