Thames Water is preparing for the possibility that it may be pushed into special administration following an appeal in a ...
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 ...
Senior executives at Assured Guaranty, one of the largest creditors to Thames Water, said they’re optimistic about the troubled UK utility after it won approval for emergency liquidity.
Thames Water was handed a £3 billion lifeline today ... the stricken utility could press ahead with the scheme, which will save it from imminent financial collapse next month.
(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 ...
Plans to restructure Thames Water, which was set to run out of money by the end of March, have been approved by a High Court judge. Thames Water chairman Sir Adrian Montague has said the approval ...
Rachel Reeves risks being forced to nationalise Thames Water just two days before her Spring Statement in a move that would force the Chancellor to tear up her spending plans. The Treasury is ...
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 ...
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 ...