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Thames Water, Britain's biggest water supplier, said on Monday its 3 billion pound ($3.9 billion) debt lifeline would go ...
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.
In February, a High Court judge sanctioned a plan proposed by the parent company of Thames Water Group allowing the utility to stay afloat.
Southern Water customers face the steepest hike of 47 per cent this year, bringing the annual bill from £478 to £703. This is followed by Thames Water, which will raise prices from £488 a year ...
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It does not necessarily reflect the view of The Herald. A plan to restructure Thames Water through a loan of up to £3 billion should not have been approved as its terms are “mispriced and ...
A plan to restructure Thames Water through a loan of up to £3 billion should not have been approved as its terms are “mispriced and inappropriate”, the Court of Appeal has been told.