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 ...

Thames Water must wait to see whether the approval of a plan to restructure the struggling utility will be overturned Credit: ITV News Meridian Thames Water must wait to discover whether the ...

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 ...

(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 ...

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 ...