Many UK water companies have large debts, but Thames Water's problems are the worst. Water companies were privatised in 1989, with the idea that private investment would improve the system. But ...

The firm has been heavily criticised for sewage spills, and is also struggling to fix leaks and modernise outdated ...

Thames Water has selected the US private equity group KKR as its preferred bidder to take control of the UK’s largest water ...

As warmer weather returns to London and more people are out enjoying the sunshine, the Met’s Marine Policing Unit (MPU) is ...

Thames Water Utilities said it would start the drawing process for the first tranche of funding after a majority of creditors approved its refinancing plan. The U.K. utility said funding would be ...

Britain's biggest water supplier Thames Water on Wednesday named Steve Buck as its chief financial officer, effective April 7 ...

Thames Water, Britain's biggest water supplier, said its chief financial officer Alastair Cochran would leave within days, an ...

Buyout giant KKR - dubbed the 'barbarians at the gate' - is the frontrunner to take control after it was named as preferred ...

Thames Water is scrambling to stave off a looming cash crunch - Neil Hall/EPA-EFE/Shutterstock A US private equity firm is in pole position to buy Thames Water as the ...

A £3bn rescue loan for Thames Water is set to go ahead after an appeal against the deal was dismissed. The troubled firm secured the rescue loan in February, to stave off the prospect of the ...

doesn’t plan to sell any assets of Thames Water, nor make structural changes if it gets control of the business. Bloomberg News had previously reported that KKR had offered to inject up to £4 ...

Thames Water said that it selected U.S. private equity company KKR as its preferred partner to lead its recapitalization. The debt-laden English water company said Monday that it aims to agree on ...