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Britain's regulators have failed to drive sufficient investment in the water sector, a budget watchdog said in a report on ...
Over the course of Macquarie ’s ownership of Thames Water, the water utility leaked £2.7bn in dividends and its debt grew from £3.4bn to £10.8bn. Thames now teeters on the brink of insolvency — and an ...
Responding, environment minister Baroness Hayman of Ulloch said: “Regarding the company choosing KKR as its preferred bidder ...
A preferred buyer for the UK’s largest water company would “multiply” the problems of the troubled utility firm, it has been ...
A preferred buyer for the UK’s largest water company would “multiply” the problems of the troubled utility firm, it has been warned at Westminster. Concerns over the selection by Thames ...
It does not necessarily reflect the view of The Herald. Thames Water must complete water main work in Oxford's Botley Road before a new walkway can be completed. Network Rail closed the Botley ...
Most notably, the UK's largest provider, Thames Water, faced an uncertain future and potential nationalisation before securing an emergency £3bn loan, adding to its already massive £16bn debt pile.
On fears over foreign ownership of Thames Water – part-owned by a Beijing-linked firm – following the row over British Steel, Mr Reed warned: "We always need to have one eye on national security.
England’s biggest water company, Thames Water, faces debts of £19bn and was responsible for almost 300,000 hours of raw sewage being pumped into waterways in 2024. Its chief executive Chris Weston is ...