Thames Water pleads with watchdog for higher bills in fight to stay afloat
Thames Water has launched an appeal to the competition regulator as the embattled utility fights to secure an eye-watering 53 per cent rise in consumer bills and keep itself afloat.
Thames Water asks watchdog to let it charge even higher bills
The Reading, England-based company has already been allowed a 35% rise in consumer bills over the next five years by water regulator Ofwat, after Thames had previously lobbied for a 59% hike.
Thames Water Requests Competition Watchdog Review of Water Regulator's Pricing Decision
Thames Water said it asked that the U.K.'s water regulator Ofwat to refer its price review decision for the next five years to the country's competition watchdog.
Thames Water asks watchdog to let it charge even more
Watford's sewerage service provider Thames Water is asking the competition regulator to allow it to charge customers even more.
Watchdog opens probe into Thames Water over environmental work delays
Thames Water pledged to carry out 812 schemes as part of a wider national programme between 2020 and 2025, to meet national regulations. But Ofwat said it was told by the utilities giant that it would be unlikely to complete more than 100 of these schemes by the end of March deadline.
UK's Thames Water lodges appeal to try to raise customer bills
LONDON (Reuters) -British utility Thames Water lodged an appeal to the country's competition regulator on Friday, beginning a process to try to raise the prices it can charge customers for the next five years and improve its chances of survival.
Thames Water appeals against limit on bill rises
Thames Water has launched an appeal to allow it to increase bills by more than the regulator wants to permit. The UK's largest utility company is calling on the competition regulator to overturn a decision from the water industry regulator,
Thames Water slammed for 'greedy' attempt to hike bills by more than 35%
Industry regulator Ofwat has capped bill rises for the firm at 35% over the next five years. Thames Water has now urged the competition regulator to overturn the decision from the
UK's Thames Water appeals to competition watchdog over price limits
LONDON (Reuters) -Struggling British utility Thames Water launched an appeal with the country's competition regulator on Friday, kicking off a process to try to lift the prices it can charge customers for the next five years and improve its chances of survival.
UK's struggling Thames Water receives a number of bids for equity process
Britain's Thames Water said it had received proposals from a number of parties as it seeks to raise new equity of over 3 ...
Thames Water Rescue Bidder Doubts Sale Process Feasibility
One of the rescue bidders for Thames Water has written to the High Court in London questioning the feasibility of finding new ...
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Will Thames Water's High Court battle impact household bills?
Thames Water could run out of money within weeks if a deal to restructure the company cannot be agreed, the High Court has been told. The firm, which is responsible for London’s water supply, is ...
Britain's Thames Water seeks court approval for rescue plan
Thames Water asked an English court on Monday to approve a debt lifeline worth up to 3 billion pounds ($3.7 billion), at the ...
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Thames Water Asks Judge to Bless Rescue Loan From Creditors
Thames Water, the beleaguered UK utility that has been struggling with mismanagement for years, is set to ask a London court to approve a plan that would see it borrow as much as £3 billion ($3.7 ...
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UK’s biggest water company seeks court approval for emergency funding to prevent nationalization
LONDON (AP) — Thames Water, which serves 16 million customers in and around London, is seeking court approval for up to 3 billion pounds ($3.7 billion) of emergency funding to prevent the cash ...