Thames Water has been given a £3billion loan just weeks before it was due to run out of money. The ruling at the High Court gives the water company, which has come under intense scrutiny in ...

The French could be drafted in to run London’s water system under a £5bn rescue bid for troubled Thames Water. The company has received a bid from Covalis Capital that involves bringing in ...

The business was going to run out of money by 24 March, it said, but a £3bn loan from existing creditors was again given the green light on Monday. Thames Water is struggling under a now £19bn ...

Thames Water, the UK's biggest water company, is in financial crisis and has secured a rescue loan to avoid coming under government control. An attempt by some creditors to challenge the High ...

Allowing Thames Water to run out of money by not approving restructuring plans is “a risk which cannot be run”, the High Court has been told. Thames Water Utilities Holdings Limited (TWUH ...

Why did Thames Water need a rescue loan? Thames Water was set to run out of cash by the end of March and without the loan it was likely to have been placed into temporary nationalisation to keep ...

allowing the utility to stay afloat just weeks before it was due to run out of money. But a group of the utility's secondary creditors, as well as TWUH's parent company, Thames Water Limited ...

Without the loan, Thames Water said it would run out of money on 24 March. The appeal was launched by Lib Dem MP Charlie Maynard and a small group of Thames Water creditors. Those creditors had ...

The company said it would have run out of cash by March 24. Repeated fines have also exacted a heavy toll. Thames Water expects fines totalling nearly £430m over the next two years but there is ...

Thames Water has ... under a process being run by the investment bank Rothschild. KKR and CKI Infrastructure, as well as the hedge fund Covalis and Castle Water, a provider of business water ...

London is at risk of being swamped by burst pipes and sewage leaks if Thames Water is forced into an emergency ... Without the promised funds, Thames would quickly run out of money and leave ...

A £3bn rescue loan for Thames Water is set to go ahead after an appeal against the deal was dismissed. The troubled firm secured the rescue loan in February, to stave off the prospect of the debt ...