It's was crunch time for the UK's biggest water provider Thames Water as its fate was announced on Tuesday morning. Thames Water finances hung in the balance with debts of £16bn and existing ...
Thames Water has received court approval for up to 3 billion pounds of emergency funding. That prevents the company that serves 16 million people in and around London from falling into government ...
LONDON, Feb 18 (Reuters) - Thames Water, Britain's biggest water supplier with 16 million customers, secured a 3 billion pound debt lifeline on Tuesday, warding off nationalisation and giving it ...
Thames Water has won a crucial High Court battle to secure a £3bn rescue loan, staving off the prospect of the debt-laden company coming under government control. The UK's largest water and ...
The new funding is designed to stop Thames Water going bust in the short term. Thames Water has been at the centre of a growing scandal in the wider water industry. Bills will climb steeply ...
Thames 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 ...
(Bloomberg) -- Cash-strapped Thames Water bought itself some more time to reorganize its debts after a London judge approved an emergency loan worth as much as £3 billion ($3.8 billion).
Thames Water’s plans for a £3 billion loan have been approved by a judge, designed to prevent it from going bust in the near future. The deal was approved in the High Court on Tuesday, which would ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water has been given the go-ahead for up to £3bn of high-cost borrowing in an effort to avoid insol ...
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