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 ...

It's was crunch time for the UK's biggest water provider Thames Water as its fate was announced on Tuesday morning. Thames Water finances hung in the balance with debts of £16bn and existing ...

(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).

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 ...

Thames Water has won court approval to secure an emergency £3bn debt package from its biggest creditors – a decision campaigners have slammed as mere “stay of execution” for the company. The cash ...

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 ...

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'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 ...

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 ...

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, 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 ...