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LONDON, June 10, 2025--Hanbury Strategy: - A large group of senior creditors (Creditors) of Thames Water Utilities Limited (Thames Water) have submitted to Ofwat a £17 billion plan designed to ...
Thames Water customers face the prospect of a £230 jump in their annual bills to help secure its future, after a potential rescue deal collapsed. On Tuesday, private equity firm KKR abandoned ...
THAMES Water’s future hangs in the balance after a major investor pulled out of a rescue deal. The troubled water firm, which services around 16million customers, said US private equity giant… ...
LONDON (Reuters) -Thames Water suffered a major setback in its fight to avoid nationalisation on Tuesday as it said U.S. private equity firm KKR had pulled out of a multi-billion pound rescue plan.
Thames Water serves about a quarter of the UK's population, mostly across London and parts of southern England, and employs 8,000 people. But it has huge debts and is struggling to fix leaks, stop ...
Thames Water’s wastewater treatment works ‘spill regularly’, Ofwat found. In 2021, 70% of storm overflows spilt sewage at least 20 times, with 30% doing so more than 60 times.
Thames Water has been hit with a record £122.7m fine by regulator Ofwat.. The penalty has been handed down after the watchdog discovered widespread sewage failures at the struggling utility giant ...
Thames Water has been fined £122.7m - the largest penalty Ofwat has ever issued - after two investigations into wastewater and dividend payments. After the regulator said it “failed to protect ...
Thames Water drops £1m bonuses for top bosses after government criticism The payments were linked to the struggling firm securing a rescue loan of up to £3bn to stave off collapse earlier this year.
Thames Water is the UK's biggest water company, ... The Competition and Markets Authority says it wants to open up the UK search market. 5 days ago. Technology. 20 Jun 2025.
Thames Water has selected the US private equity group KKR as its preferred bidder to take control of the UK’s largest water utility and aid its battle against renationalisation.
In December, water regulator Ofwat said Thames could raise bills by 35% by 2030, an average of £152 more than current levels. Thames later said it was appealing to the Competition and Markets ...
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