Britain's Thames Water, battling to avoid nationalisation, asked a group of senior creditors on Monday to allow it to draw ...

Thames Water CEO Chris Weston bagged a near £200,000 bonus for his first three months in the job and won't say if he would take another ... “This is the grim reality of water privatisation, ...

THAMES Water’s future hangs in the balance after a major investor pulled out of a rescue deal. The troubled water firm, which services around 16million customers, said US private equity giant… ...

But it was in the High Court at the end of last year when Thames Water was seeking approval for a further £3 billion bailout that the truly grim reality was revealed.

Effective nationalisation of Thames Water through special administration would have been more likely if the utility firm failed to get approval for a £3bn loan and ran out of cash on 24 March.

Thames Water has apologised to customers after thousands of households across east London have been left without water including those in Whitechapel, Shoreditch, Spitalfields and Bethnal Green ...

Thames Water was dealt a crushing blow this morning after its preferred bidder, the US private equity giant KKR, abruptly withdrew from its pursuit of the embattled utility.

The government has promised to clean up Britain's waterways, so giving Thames Water special treatment would be politically difficult.

Debt-laden Thames Water has said it has enough cash to fund its operations until the end of May next year but that efforts to raise new money are continuing. The UK's largest water company, which ...

Thames Water's chief executive, Chris Weston, has been compelled to justify the payment of £770,000 in bonuses to senior executives. This comes in light of the company registering a substantial ...

Thames Water has more than £16 billion of debt (Andrew Matthews/PA) (PA Wire) Embattled Thames Water was hit by a fresh blow today after it was told by its regulator it faces the threat of multi ...

Thames Water is trying to secure £3bn in emergency funding to protect against imminent collapse, a plan which London’s High Court will decide on in Febrary. The company is also looking to find ...