Thames Water, which was due to run out of money, has been given a lifeline after a £3bn loan was approved by the High Court. The loan gives the UK's biggest water provider time to sort out its ...
Taxpayers and the pension schemes of Thames Water workers would both suffer if the UK's largest water company was temporarily nationalised, the water regulator and Thames' pension trustees have ...
(Bloomberg) -- Cash-strapped Thames Water bought itself some more time to reorganize its debts after a London judge approved an emergency loan worth as much as £3 billion ($3.8 billion).
Thames Water has won a crucial High Court battle to secure a £3bn rescue loan, staving off the prospect of the debt-laden company coming under government control. The UK's largest water and waste ...
By Alexander Nazaryan The banks of the Thames River have hosted human settlements for thousands of years, from Neolithic huts to the soaring skyscrapers of London. Evidence of bygone civilizations ...
The litany of problems at Thames Water include a near £20bn debt pile, persistent sewage leaks and ageing infrastructure. Thames Water’s restructuring plans have been approved by the High Court ...
Thames Water has secured court approval for a £3billion debt lifeline, warding off nationalisation in the short term and giving it time to sort out its finances. The debt lifeline, provided by ...
Thames Water's creditors and an MP will be able to appeal a High Court judge's ruling that the company can be restructured with a £3bn loan despite its "eye-watering" interest rate. The utility ...
Thames Water, with 16 million customers, already has debts of £19 billion, as ITV News reporter Aisha Zahid explains Thames Water has won approval to borrow £3 billion to prevent imminent ...
The litany of problems at Thames Water include a near £20bn debt pile, persistent sewage leaks and ageing infrastructure. KKR has offered £4bn for a majority stake in the crisis-hit utility ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water has been given the go-ahead for up to £3bn of high-cost borrowing in an effort to avoid insol ...
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