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 ...
Taxpayers and the pension schemes of Thames Water workers would both suffer if the UK's largest water company was temporarily nationalised, the water regulator and Thames' pension trustees ...
Britain's biggest water supplier Thames Water said it was targeting a plan to secure new equity during the second quarter of 2025, and in the meantime it had asked the regulator to put on hold a ...
In mid-February, the debt-laden English water company said Ofwat's final determination, which sets a limit on the bills the company can charge customers, for the years 2025-30 would hinder its ability ...
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 ...
Thames Water is preparing for the possibility that it may be pushed into special administration following an appeal in a London court next week, according to people familiar with the matter. While ...
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 ...
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 ...
(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).