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The fresh equity come as part of a deal that will also see the debt owed to its holding company lenders slashed by more than half.
Made from natural materials such as clay, water jug filters have been used for hundreds of years in every continent by ...
Nearly 300 species of plants will be used in the redesign of the Great Fountain Garden to create ‘a living, breathing ...
The company's largest group of creditors has lined up one of Britain's most prominent to spearhead efforts to keep it out of public ownership, Sky News learns.
LONDON (Reuters) -Thames Water suffered a major setback in its fight to avoid nationalisation on Tuesday as it said U.S. private equity firm KKR had pulled out of a multi-billion pound rescue plan ...
Thames Water has been fined £104.5 million, or nine per cent of its entire revenue, for violating wastewater regulations, slightly short of the 10 per cent turnover cap that Ofwat could have imposed.
Thames Water has been hit with a record £122.7m fine by regulator Ofwat. The penalty has been handed down after the watchdog discovered widespread sewage failures at the struggling utility giant ...
Thames Water drops £1m bonuses for top bosses after government criticism The payments were linked to the struggling firm securing a rescue loan of up to £3bn to stave off collapse earlier this year.
Thames Water has “withdrawn” plans to pay senior bosses large bonuses linked to the water company securing a £3 billion emergency loan, Environment Secretary Steve Reed has said.
These will come into force from June, meaning Thames Water’s bosses could have their bonuses blocked next month, as well as having to return any paid for the last financial year, a Government ...
Thames Water has insisted it has the right to pay its executives lucrative “retention payments” for agreeing an emergency £3bn loan, setting the beleaguered utility on a collision course with ...
Last November, Ofwat blocked three water firms - including Thames, Yorkshire Water and Dwr Cymru Welsh Water - from using customer money to fund a total of £1.6m in bosses' bonuses.
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