After a court decision moved Thames Water closer to a £3 billion rescue loan, the PA news agency explains why it needs money and what happens next.

Thames Water said the U.K. Court of Appeal has upheld its restructuring plan, which enables it to take on additional debt after it was challenged by campaigners. Thames Water said Monday that the ...

Thames Water is seeking a £3 billion rescue loan ... If that happens, the taps in people’s homes would still work and toilets would still flush – but it would be damaging for the finance ...

LONDON, March 17 (Reuters) - Thames Water, Britain's biggest water supplier, said on Monday its 3 billion pound ($3.9 billion) debt lifeline would go ahead after appeals against it were dismissed ...

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 ...

A £3 billion loan deal designed to prevent Thames Water from going bust looks set ... go out of business in March without extra cash. The taps in people’s homes would still work – but it ...

LONDON (AP) — Thames Water, which serves 16 million people in and around London, has received court approval for up to 3 billion pounds ($3.7 billion) of emergency funding, preventing the ...

The appeal against the restructure of Thames Water has been dismissed (Andrew Matthews/PA) Appeals against the approval of a plan to restructure Thames Water through a loan of up to £3 billion ...

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 ...

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 ...

Thames Water, Britain’s biggest water supplier, said on Monday appeals against its £3-billion ($3.9-billion) debt lifeline had been rejected by the Court of Appeal, allowing the company to ...