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 faces wait on restructure approval overturned
Thames Water must wait to discover whether the approval of a plan to restructure the struggling utility will be overturned at the Court of Appeal.
Thames Water: Emergency loan should not have been approved, court told
Thames Water, which serves around 16m customers in the UK, has been battling to stave off collapse amid a collosal £19bn debt pile.
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 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?
Taxpayers will suffer if Thames Water collapses, warns regulator
Taxpayers and the pension schemes of Thames Water workers would both suffer if the UK's largest water company was temporarily ...
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 ...
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.
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 ...
UK’s Thames Water eyes Hong Kong’s CK Infrastructure as potential buyer amid court appeal
Thames Water wants CK Infrastructure as a potential buyer if court appeal fails, aiming to minimise nationalisation time and ...
Thames Water has to keep borrowing and carry on
Margaret Thatcher should have thought of that when the sector was privatised in 1989, but it took decades for the full ...
Thames Water nationalisation puts £20bn pipe and sewage upgrade at risk
London is at risk of being swamped by burst pipes and sewage leaks if Thames Water is forced into an emergency ...
UK’s Southern Water in Talks to Avoid Thames-Like Debt Pain
Britain’s Southern Water Ltd. is trying to fix its finances in an effort to preserve its investment grade status, safeguard ...