LONDON -- 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 ...
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 ...
arguing that Thames Water created its own problems by paying overly generous dividends to investors and high salaries to executives while failing to invest in pipelines, pumps and reservoirs.
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 ...
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 ...
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 ...
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 ...
(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 ...
A £3 billion loan deal designed to prevent Thames Water from going bust looks set to go ahead after a court rejected several appeals against it. The plan had originally been approved in the High ...