One of the terms of a plan to restructure Thames Water “holds the company to ransom”, the High Court has heard. The utility, which is England’s biggest water company with about 16 million cu ...

Charlie Maynard, the MP for Witney in Oxfordshire, is also opposing the plans in court, claiming the company should be put into administration as the company plan is “a short-term fix at the expense ...

British utility Thames Water lodged an appeal to the country's competition regulator on Friday, beginning a process to try to ...

Thames Water asked an English court on Monday to approve a debt lifeline worth up to 3 billion pounds ($3.7 billion), at the ...

which has submitted an alternative plan that it insists is cheaper. Without the new financing, Thames Water could be forced into an insolvency process known as special administration, which has ...

has hired investment bankers and lawyers to help formulate a plan to inject billions of pounds of equity into the company, which has more than 15m customers. PJT Partners has been engaged to act for ...

Embattled utilities giant Thames Water is at the High Court today seeking a judge’s approval of its £3bn emergency restructuring plan to avoid financial depletion by March. The debt-laden water ...

The restructuring, known as the company plan, would effectively guarantee Thames Water can keep operating until 2026 by providing £1.5bn of funding with a 9.75% interest rate, with a further £1 ...

Thames Water will seek High Court approval for a £3bn rescue plan in a four-day hearing beginning at the Royal Courts of Justice on Monday. The indebted utility is seeking a judge's approval for ...

Thames Water must wait to discover whether a judge will approve its restructuring plan, after a hearing to discuss the scheme concluded on Friday (February 7) at the High Court. England’s largest ...