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.
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.
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 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’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.
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?
Sadiq Khan unveils £7m fund in bid to clean up London's rivers
Funding comes as the mayor hosts a roundtable summit with Thames Water and other agencies - but is criticised for failing to ...
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BBC goes Inside the Crisis at Thames Water with Brinkworth Productions
UK pubcaster the BBC will air a two-part docuseries next week investigating the crisis at water company Thames Water.
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Thames Water handed £3 billion lifeline by court to save it from financial collapse
Thames Water was handed a £3 billion lifeline today ... Critically, it enables the management team to continue progressing the turnaround." CEO Chris Weston said: "We are pleased the Court ...
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Thames Water handed £3 billion lifeline by court but judge criticises "eye-watering" costs
Thames Water was handed a £3 billion lifeline today ... Critically, it enables the management team to continue progressing the turnaround." CEO Chris Weston said: "We are pleased the Court ...
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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 ...