Thames Water secures £3bn lifeline

Why taxpayers could still face a bill for Thames Water despite £3bn lifeline
A rescue deal has been approved by the High Court, but as Sean O’Grady explains, the crisis at the utility is far from over
Thames Water: debt lifeline provides relief but challenges remain
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 time to sort out its finances, boosting its chances of survival.
Thames Water secures £3bn lifeline after court ruling
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 waste company was set to run out of cash by the end of March and would have likely been placed into temporary nationalisation to keep services running.
UK court backs £3 bn loan for indebted Thames Water
A court on Tuesday approved a £3 billion ($3.8 billion) emergency loan for Britain's largest water supplier Thames Water, offering it a lifeline as it buckles under a mountain of
Thames Water’s £3bn loan to stave off collapse despite ‘eye-watering’ terms
Oxfordshire's water company Thames Water has won approval for a high-cost £3billion loan to save it from collapse, as an Oxfordshire MP hits out against it.
Thames Water creditors given go-ahead to appeal against restructuring approval
Some of Thames Water's creditors and Liberal Democrat MP Charlie Maynard can appeal against the approval of plans to restructure the utility at the Court of Appeal, a High Court judge has ruled. Mr Justice Leech ruled earlier on Tuesday that a proposal to inject up to £3 billion in funding,
Thames Water: Judge approves emergency plan to keep UK's largest water firm afloat
Thames Water, which serves 16 million customers in and around London, was seeking court approval for billions of pounds in rescue loans to prevent it from being nationalised when it runs out of cash next month.
Judge approves emergency plan to keep Britain’s largest water company afloat
A judge has approved an emergency plan to keep Britain’s largest water company afloat and averted a possible temporary ...
Thames Water among six water firms urging watchdog for higher bill increases
Thames Water among six water firms urging watchdog for higher bill increases - Thames Water urged regulators to allow them to ...
Approval for higher bills and loading more debt begs the question: who is Thames Water serving anymore?
Water privatisation is a classic example of the kind of behaviour Labour would be expected to rail against but some estimates suggest a temporary nationalisation would cost £2bn a year.
Thames Water launches appeal for larger bill rise
Thames Water has launched an appeal to allow it to increase bills by more than the regulator wants to permit. The UK's ...
Thames Water 'blatantly greedy' after saying 35% surge in customer bills isn't enough
Troubled Thames Water has appealed against an inflation-busting price rise agreed by regulator Ofwat, arguing it was doing so ...
UK's Thames Water lodges appeal to try to raise customer bills
British utility Thames Water lodged an appeal to the country's competition regulator on Friday, beginning a process to try to ...
Thames Water launches appeal over bill limits
The UK's largest household supplier gives several reasons for seeking even higher hikes to its bills from April for the next ...
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Thames Water asks watchdog to let it charge even higher bills
Thames Water is asking the competition regulator to allow it to charge customers even more over the coming years than had previously been granted. The company has already been allowed a 35% rise ...