Fifteen times a year, the sheer volume of waste water entering Thames Water's Mogden sewage works in southwest London overwhelms its 90-year-old concrete tanks, forcing the utility to pump excrement ...

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 has suffered a major blow in its attempt to secure its future after US private equity giant KKR pulled out of a £4bn rescue deal for the company. The setback increases the ...

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 will pay an extra £18.2 million for breaking rules related to dividend payments, the first ever dividend-related fine, the watchdog added.

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.

Last November, Ofwat blocked three water firms - including Thames, Yorkshire Water and Dwr Cymru Welsh Water - from using customer money to fund a total of £1.6m in bosses' bonuses.

Thames Water said on Monday that after assessing proposals received, it had chosen KKR “to enter the phase 2 diligence stage” of its equity-raising process as preferred partner.