We are ready to bail out Thames Water, says Environment Secretary
Rachel Reeves is prepared to bail out Thames Water with taxpayer cash if the utility company’s rescue deal falls through, the Environment Secretary has said.
What Thames Water’s proposed bail-out could mean for your bills
The company and the majority of its lenders want to see it borrow another £3bn to prevent collapse, which comes with £1bn in interest payments and fees
UK's Thames Water rescue plan faces creditor-group appeal
Thames Water, Britain's biggest water supplier, faced another court battle on Tuesday as a group of its junior creditors started a legal challenge over a 3 billion pound ($3.9 billion) debt lifeline necessary to keep it afloat.
Thames Water Making Plans for Possible Special Administration
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.
Thames Water bailout loan challenge
Campaigners sit around a table outside the Royal Courts of Justice as they set up a 'Thames Water Emergency Board' during their appeal against the 3 billion pound bailout loan given to the struggling water company.
Thames Water update as creditors challenge restructuring
Thames water continues to face financial turmoil as creditors launch challenge to restructuring. Trump vows to double tariffs on steel and aluminum from Canada even as markets continue slide Why do they ship ships on bigger ships?
Thames Water’s Rescue Loan Faces UK Court of Appeal Challenge
Emergency funding that would allow Thames Water access to as much as £3 billion ($3.9 billion) and stave off temporary nationalization is being challenged at a London court this week.
Warning Thames Water collapse would hit taxpayers
Taxpayers and the pension schemes of Thames Water workers would both suffer if the UK's largest water company was temporarily ...
Regulator accused of letting hedge funds control Thames Water
Legal control of Thames Water has passed to creditors providing a controversial £3bn loan to the cash-strapped utility without Ofwat’s formal approval, according to claims set out in a letter to the ...
Why is Thames Water in so much trouble?
PA Media] Thames Water, the UK's biggest water company, is in financial crisis and has secured a rescue loan to avoid coming ...
Thames Water Lining Up CKI as Possible Buyer in Special Administration
Thames Water is seeking to line up CK Infrastructure Holdings Ltd. as a potential buyer for the utility if it’s pushed into ...
Pimco books 17% instant profit on Thames Water emergency loan
Alongside Pimco, the rescue loan is being provided by lenders including US hedge funds Elliott Management and Silver Point.
Mayor and TfL's £7m plan to clean up rivers as Thames Water and London Wildlife Trust pledge cash
Sir Sadiq Khan has announced more than £7m of funding from City Hall and Transport for London (TfL) to stop road run-off ...
Sewage spill wildlife concerns as water bills rise
Untreated sewage spilling into a village stream has caused a noticeable decline in wildlife, a local resident has said. Greg Knowlson, who lives next to the treatment works at South Moreton in ...
South London council calls on Thames Water to improve after elderly and newborns left 5 days without water
A South London council has asked Thames Water to improve its service after an outage last month saw elderly residents and ...
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Cameras go behind the scenes at Thames Water for new BBC documentary
Cameras have gone behind the scenes at Thames Water for a new BBC documentary that will air next week. The two-part programme ...