LONDON, Aug 6 (Reuters Breakingviews) - Fixing Thames Water is tricky, but possible. The indebted UK utility’s struggles to raise the 3.25 billion pounds it needs risk an imminent implosion, ...
Britain’s biggest water supplier said Wednesday it needed to raise more cash from investors, as UK media reported the government was preparing contingency plans to rescue the company. Thames Water ...
Four decades after privatization, calls to nationalize the water industry have swept across England and Wales amid sewage spills and rising household bills. The River Thames in Henley, where residents ...
Thousands of Thames Water customers in London were left without water today on the same morning that Ofwat launched a new investigation into the company. Customers in Crystal Palace and the ...
Thames Water reported ballooning debt as creditors press on with talks to thrash out a rescue deal for the beleaguered utility. Net debt swelled 12% year-on-year to £17.6 billion ($23.3 billion) after ...
Jan 7 (Reuters) - Thames Water's lower-ranked creditors on Tuesday filed an objection to the struggling utility company's proposed restructuring plan and sent a letter outlining an alternative. The ...
Financial trouble at the company that supplies more than a fifth of the UK population with water has raised alarm about the dire state of an industry that delivers a resource people can’t live without ...
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