Thames Water looks for an emergency cash injection through courts Thames Water will seek approval for an emergency cash lifeline in court on Monday as it faces running out of money in four weeks ...
LONDON, Feb 3 (Reuters) - Thames Water asked an English court on Monday to approve a debt lifeline worth up to 3 billion pounds ($3.7 billion), at the beginning of a four-day hearing it hopes will ...
Thames Water will likely end up paying around £200 million ($250 million) to advisers by the middle of this year, as the firm looks to find an equity investor and cut its liabilities. The ...
Thames Water should be placed into administration as plans to restructure the struggling utility are a “poor short-term fix” and a “bridge to nowhere”, an MP’s barristers have told the ...
Thames Water is seeking a court’s approval of restructure plans (Andrew Matthews/PA) Thames Water should be placed into administration as plans to restructure the struggling utility are a ...
Britain's biggest water company could run out of money in just six weeks, the High Court has been told. Thames Water has applied to a judge to approve its plans to secure a £3billion cash loan ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water is at present spending £15mn a month on lawyers and other advisers and the eventual bill for ...
Thames Water will seek High Court approval for a £3bn rescue plan in a four-day hearing beginning at the Royal Courts of Justice on Monday. The indebted utility is seeking a judge's approval for ...
MPs have urged the High Court to avoid saddling Thames Water’s customers ... down the interest on the water company’s debts. This cannot continue.” Labour MP John McDonnell also joined ...
A mother-of-two whose water was temporarily cut off said Thames Water holds its customers in contempt after an MP's attempts to get compensation for her and others failed. Stéph Mitchell lives ...
A four-day court hearing begins on Monday to determine whether to rubber-stamp £3billion in emergency loans for Thames Water. Britain's biggest water utility company, which has around £17billion ...
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