The fate of debt-laden Thames Water could become clearer later this week. The Court of Appeal is expected to decide whether the company's plan to borrow a further £3bn to avoid collapse can ...
Appeals against the approval of a plan to restructure Thames Water through a loan of up to £3 billion has been dismissed, Court of Appeal judges have said. In February, a High Court judge ...
Three senior judges will hand down a ruling in writing over whether the decision to approve Thames Water’s restructuring should be overturned. The High Court heard earlier in February that ...
(Bloomberg) -- Thames Water is preparing for the possibility that it may be pushed into special administration following an appeal in a London court next week, according to people familiar with ...
London is at risk of being swamped by burst pipes and sewage leaks if Thames Water is forced into an emergency nationalisation later this month. Insiders have expressed growing concerns that ...
Thames Water has staved off effective government ownership after an unsuccessful legal challenge to its financial restructuring. The Court of Appeal has ruled in favour of a £3bn loan intended to ...
Thames Water is seeking a £3 billion rescue loan (Andrew Matthews/PA) Thames Water is at “real risk” of falling into administration within weeks, a former director has warned, as it nears a ...
Under the plan, Thames Water will get an initial tranche of £1.5billion from some of its 'Class A' creditors, plus a further ...
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