A group of Thames Water’s creditors and others are appealing against a decision by the High Court to sanction a plan to keep ...
PA Media] Thames Water, the UK's biggest water company, is in financial crisis and has secured a rescue loan to avoid coming ...
Thames Water is in purgatory. Britain’s biggest water utility recently averted collapse via an expensive 3 billion pound loan ...
Effective nationalisation of Thames Water through special administration would have been more likely if the utility firm ...
Thames Water has won a crucial High Court battle to secure a £3bn rescue loan, staving off the prospect of the debt-laden ...
Sky News on MSN23d
Thames Water multi-billion pound debt lifeline approved by High CourtThames Water, which was due to run out of money, has been given a lifeline after a £3bn loan was approved by the High Court. The loan gives the UK's biggest water provider time to sort out its ...
A judge said it was sanctioned in 'the public interest', and comes weeks before the company was due to run out of money.
A £3bn emergency loan that temporarily averted Thames Water’s special administration should not have been approved, a court ...
But the proposals had to be approved by the High Court after a group of Thames Water's creditors opposed it, arguing that the 9.75% interest rate on the loan was too costly. In approving the ...
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